Abrarahmed
Abrarahmed
Abrarahmed
DIFFICULTY OF IMPLEMENTING
PROJECT MANAGEMENT TECHNIQUES IN DIGITAL
START-UPS
Author
ABRAR AHMED
Abstract
Project management is becoming more and more popular as a useful tool for businesses to
embrace change and adapt to the market in order to stay competitive in a quick-moving sector. In
today's corporate world, when resources are limited, timescales are shorter, budgets are more
The task of keeping a project's budget in check requires the use of comparative tools, cost-
management techniques, and contingency plans. Any digital start-up that spends hours creating a
healthy profit that shows a solid economic position in the market is regarded to have a tough
time stabilising the economy. Finding repeatable and useful business models is a start-up’s
primary goal since these models deal with tried-and-true methods of conducting business that
promote growth, revenue, and healthy rivalry with rivals. Additionally, it has been noted that
new companies have encountered certain difficulties while using these project management
models or methodologies.
It is therefore evident that the majority of participants believe that in the current business
climate, beginning businesses should concentrate on agile methods where they only pay attention
to the quality of their products and the satisfaction of their customers, as well as on project
management, which is the most crucial factor in the evolution of project management over the
course of a start-up’s lifetime. Therefore, based on the results of this survey question, it is
evident that the agile technique is one of the best business practices. This way lowers risk and
promotes corporate flexibility, which is one of the crucial elements for start-up companies to
Start-ups
(State the award and the awarding body and list the material below)
Acknowledgement
This Master Dissertation was written with the help of many remarkable people who helped me
Firstly, I would like to thank my supervisor Mr.Victor Del Rosal for their guidance and support
throughout the way of this research project. Thank you for your continues support, without his
guidance this research have a been a difficult task to complete. You are a true Legend.
Secondly, I would like to thank my friends back home in Pakistan, who helped me in completing
the surveys questions for my research. I also wish to express gratitude to their organization for
Abrar Ahmed
5
Table of Contents
2.3 The current state of project management for digital startups .................................. 12
startups ...................................................................................................................................... 17
2.7.4 Agile Project Management usage in practice for digital startups .................... 20
Chapter 3: Methodology................................................................................................. 22
4.2.2 Describe the time when the company experience the project management
success................................................................................................................................... 34
4.2.3 Evolve of the project management over the course of start-up Lifetime ......... 35
6.2 Conclusion............................................................................................................... 47
Bibliography .................................................................................................................... 49
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List of Figures
Chapter 1: Introduction
1.1 Introduction
to the market and accept change in order to remain competitive in a fast-paced industry (Kiznyte
etal., 2016). Project management is essential in today's business environment, when budgets are
tighter, timeframes are shorter, resources are fewer, and technology is always advancing. As a
result, its usage in startups is seen to be beneficial, as it is considered to increase efficiency. Two
basic techniques to project management for digital startups may be distinguished: conventional/
traditional and agile. Traditional project management is linear, with a major emphasis on the start
of the project. A project is formed and divided into portions, which are finished before the
project sections are put together (Hebert & Deckro, 2011; Weaver, 2007). Traditional project
management knowledge, techniques, and procedures for time management, cost control, risk
mitigation, resource scheduling, roles, and quality assurance can be utilized to meet project
objectives and complete sets of planned and anticipated activities. Work Breakdown Structures,
Gantt Charts, Review Approach (PERT), Critical Path Method and Program Evaluation are
commonly used in the traditional project management technique due to their relevance in a
project (Gelbard et al., 2002; Shi & Blomquist, 2012). Agile Project Management (APM)
techniques seek to adapt to the modern fast-changing business climate by coping with evolving
needs and unanticipated circumstances during project execution, increasing the flexibility of this
project management approach over the traditional project management. Short iteration intervals
allow tasks to be subdivided into smaller, more manageable tasks; minimal initial planning
prevents rework and saves time and money resources on adjustments (Kautz et al., 2014).
Furthermore, a project's flexible scope encourages open contact with consumers, increasing
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client satisfaction (Lee & Yong, 2009; Serrador & Pinto, 2015). This literature review examines
the concept of project success in the context of entrepreneurship and new venture formation,
This literature review aims to understand the use and importance of project management
tools and methodologies in digital startups. To understand the usage and value of project
management at various stages of the start-up, a differentiation between techniques and tools used
during the launching stage and those utilized during the business's operation must be established.
The following objectives serve as a foundation for this research and answering the research
questions:
● Identify the project management methods and tools digital startups use to get their
● Identify digital start-ups’ project management methodologies and tools to run their
businesses.
2.1 Introduction
The literature survey gives a theoretical basis for the two basic project management
methodologies, which are classified as traditional and agile project management strategies. The
main concepts, features, and evolution of both are discussed to provide a strong theoretical
entrepreneur attributes are discussed. Finally, a link will be drawn between the two research
Projects are tools for growing a firm by implementing or meeting regulatory requirements,
meeting stakeholder expectations, and developing, enhancing, or restoring services and processes
(Kenley & Harfield, 2014; Weaver, 2007). A project may be described as a collection of
activities having a well-defined aim, purpose, timeline, budget limits, and resource utilization in
monetary terms, personnel, and technology (Hornstein, 2015). Executing projects allow a
company's efficiency throughout the development phase; as a result, they may be seen as crucial
in generating value and advantages (Jugdev et al., 2013). Additionally, projects are inventive and
might be termed "entrepreneurial activities" because they attempt to introduce something new to
their original context (Kuura et al., 2014). They also have a life span during which skills,
technologies, and people are required to successfully use resources to complete (Jugdev et al.,
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2013). Although project management techniques are so beneficial for start-ups but are difficult to
inject into their systems so it is essential to find a solution to them. The analysis will probe into
the stage of ‘What can be done to apply project management techniques into start-ups that are
work into projects in order to communicate and collaborate throughout the business (Kiznyte,
Welker, & Dechange 2016). Regarding collaboration, planning, and competitively operating a
firm, project management is effective (Kuura et al., 2014). Executing organized procedures and
programs in the form of project management may assist a firm in prioritizing and managing its
advantages, and handling change are at the heart of project management. Cost, risks, and
managing deadlines, as well as the growth of a teamwork culture in the business, all contribute to
improved efficiency in the application of Project management (Kiznyte, Welker, & Dechange
2016). The essence of project management helps complete tasks on time, within a predetermined
range, and with improved outcomes because it is a method of predicting and optimizing brief
businesses since it aids in attaining objectives via projects and is a successful means of
competing, maintaining a business, and enabling the reaction to change in the industry. Since it is
more than simply figures, patterns, tables, or graphs, it is becoming increasingly complicated
because of the rising intricacy of firms implementing business plans as projects (Kuura et al.,
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2014; Milosevic& Iewwongcharoen, 2004). The complexity has been attributed to reliance on
Startups have different structure and mode of functioning in business sector therefore, problems
arising as a result are also unique and significant. As a result many large businesses working
today are by products of these startups. Apple, Amazon, and Microsoft, the three very important
companies in the world by market value in 2019, all began as new digital startups" (Pollman,
2019). "Very well-known companies, such as facebook, Google, Amazon, Uber, Saleforce,
Airbnb, Spotify, and others, began as new digital businesses.” (Zaheer et al., 2019).
Consequently the approach to understand and analyze startups also varies. Apart, from these, one
of the prior thing is evaluating these concepts of strartup’s. As said by Niculescu (2016) “The
inherent desire to produce a new product in an uncertain environment is one of the definitions of
a startup.” (Niculescu, 2016). As a result there are a lot of difficulties that have been faced by
companies in various project implementations. “Most projects have some level of uncertainty,
even very professional Managers have problems dealing with it.” (De Meyer et al., 2002).
Therefore, Pollman (2019) has also evaluated that, “Public and typical public firms are not the
same as start-ups that focus on technology and innovation, as well as risk and growth. In result,
Startups are also analyzed as institution created by entrepreneurs that are worked under foreign
investments “The objective is to create unique goods or services, achieve rapid growth, and exit
via a trade sale or an Initial Public offering (Pollman, 2019). Entrepreneurship entails
spirit is fueled by innovation, which is required for development and sustainability.”. (Terry and
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Frederick, 2016). In addition to this, Management also works simultaneously in every startups as
managements are considered on of the basic element in every organization. Teixeira et al. (2018)
has analyzed how implementation of project management has become crucial strategy in
evaluation of every business plan. Therefore, there are a number of problems in this area, the
most significant of which is a shortage of money and skilled people resources (Pollman, 2019).
Along with it, advancement of digital technologies as also increased hurdles in way of project
establishment so, various companies has used competitive ideologies to tackle the issues of
project management implementation. The more highlighted concept in this regard are digital
marketing. Project Management in Digital Marketing are complicated due to risk of heavy
investments and its downfall so there is need to evaluate strategically and analytically these
issues under startups and small and medium enterprises (SME) (Cova and Salle, 2015). The main
reason for such problems are variant mode of functioning of digital as well as traditional mode of
project implementation strategies of startups. The startups with traditional strategies “Working in
harsh circumstances with only a 10% likelihood of success” (Johnson, 2017). In this way, better
methodology is to shift towards digital marketing and become part of global world community.
Until the 1960s, there were no standardized processes for software development (Elliot,
2004). The Software Development Life Cycle, sometimes abbreviated as SDLC, is said to be the
earliest codified technique for system development. The key concept and the goal of SDLC was
The sequential execution of each stage of the software development life cycle, beginning with
the from the beginning to the end of the product system" (Elliot, 2004, p.87). Hirschheim, Klein,
and Lyytinen (1995) offered an insightful discussion regarding the evolution of software
techniques, defining the seven generations of software development processes and expressing the
ideas underlying each of them. W.W. Royce created the conventional development approach,
particularly the waterfall methodologies, in 1970 in order to tackle software project challenges
(Guntamukkala et al., 2006). Because the core characteristics of the Waterfall model are
technique has been extensively used in highly structured industry, particularly in large-scale
projects in the public sector and military (Boehm and Turner, 2003). Traditional project
management's core aims are to keep costs, quality, and time under control, which is why this
review will focus on the most often utilized techniques to achieve those goals (Shi & Blomquist,
2012, Weaver, 2007, Laursen & Svejvig, 2016. Kostalova & Tetrevova (2014) recommends that
project management knowledge, skills, methodologies, tools, and approaches are implemented
extensively in projects to meet project objectives and achieve defined goals. A method is a set of
activities, procedures, routines, and regulations in a field as a tool is physically used to execute a
task to generate a product or outcome. This distinction is necessary to distinguish the two and
guidelines and checklists in that they guarantee that the best rules are implemented and that the
desired results are achieved (Jugdev et al., 2013). Agile project management is more spiral than
traditional project management, which is linear (Sage Business Researcher, 2017). Agile project
management creates functional projects that include the entire team and customers throughout
the process (Kiznyte et al., 2016). In general, numerous procedures must be regularly linked with
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the organization in order to develop a functional management system throughout the business;
hence, customized internal ways are very common (Jugdev et al., 2013; Kiznyte et al., 2016).
Managing uncertainty and ambiguity via time scheduling is a major goal of project
management (Shi & Blomquist, 2012; Weaver, 2007). There are several different methods for
project scheduling, the most common of which being Work Breakdown Structures and
Milestones (Bitner, 1985; Jugdev et al., 2013). A work breakdown structure is a basic project-
planning instrument that breaks a project down into smaller components on an organizational
chart to produce a roadmap of what must be accomplished and fulfilled (Garel, 2013; Kenley &
Harfield, 2014; Kostalova & Tetrevova, 2014). Project Schedule Network Diagrams and Project
Schedule Network Diagrams are two essential tools in project management. They are project
networks that are also used for planning and monitoring (Garel, 2013; Hebert & Deckro, 2011;
Kostalova & Tetrevova, 2014). CPM was developed after PERT to address shortcomings and
serves as a scheduling technique for calculating the minimal project length, scheduling
versatility, and controlling problems (Garel, 2013). On the axes of a Gantt chart are actions and
durations, which are used to design task duration in the format of bars based on start and
completion dates. A Gantt chart aims to calculate the length of operations and the project by
resources (Kostalova & Tetrevova, 2014). Overall, Gantt Charts, WBS, PERT, CPM, and MSP
software assist in planning and breaking up work into smaller tasks and offer vigorous control on
Cost management tools are much more crucial in project management because they direct
how expenses will be adequately controlled during the venture (Garel, 2013). Maintaining a
project's budget is a critical duty; tools include Comparative Tools, Cost Managing Strategies,
and Contingency Plans (Bitner, 1985). Risks can be exemplified and analysed using Probability
Analysis, or Reliability Analysis, for example (Jugdev et al., 2013; Kostalova & Tetrevova,
2014). Activity-Based Costing, or decision management means for example decision trees may
all be used to control costs in a project (Jugdev et al., 2013, (Milosevic& Iewwongcharoen,
2004)). Furthermore, Earned Value Management (EVM) is widely used to regulate a project by
comparing work completed and projected worth (Kostalova & Tetrevova, 2014; Milosevic&
Iewwongcharoen, 2004).
startups
extensive preliminary planning (Brechner & Waletzky, 2015). Project requirements are created
before they are implemented, and making changes during the project execution takes time. This
makes traditional techniques stiff and inflexible, while adjustment requests, upgrades, and plan
revisions are expensive and time-consuming (Brechner & Waletzky, 2015). The contemporary
Agile project management technique uses a "adhocratic" approach to estimate the project's triple
constraints: Time, Cost, and Scope, and to manage the Scope in a value-driven manner by
retaining Cost and Time variables as fixed entities to project objectives (Rose, 2010). The
difference in approach between the two methodologies argues for the potential advantage of
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Agile Project Management Approach (APM) over traditional Project Management Approach
(TPM) in terms of risk management and project value addition through its iterative and
shorter business cycles grows (Raval & Rathod, 2014; Serrador & Pinto, 2015). Agile project
management arose as a technique to bring more flexibly and suitably (Boehm & Turner, 2005). It
was first presented in 2001 and has risen in appeal over the past two decades (Kautz et al., 2014).
It is frequently applied in software design, which contends with fast changing requirements
(Association for Project Management, 2017). The Agile Methods, which comprise a collection of
best practices under the umbrella of an iterative approach to software development, were
established in the 1990s, with the emergence of the Internet. Thinking outside the boundaries of
to project management based on the Iterative functionality (Schwaber and Beedle, 2002). It
mitigates the failures of digital ventures and offers a substitute to the notion that normal project
management methods are no longer suitable for this industry (Gandomani & Nafchi, 2016;
Jayawardena & Ekanayake, 2010). One of the widely used Agile framework for software
development is the Scrum (Weber, 2015). The scrum is very famous because it’s adoption is
very easy in the organization with small 8-12 member team. Furthermore, it seeks to cope more
effectively with rising competition by concentrating on time and financial constraints, which
define competition for a considerable percentage of the population (Raval & Rathod, 2014). This
In many respects, the features of an agile approach differ from those of a traditional
method. Rather than comprehensive preplanning, a creation’s vision determines the growth path
(Conforto et al., 2014). As a result, agile methodologies focus more on the implementation point
than the planning stage (Jayawardena & Ekanayake, 2010). The principle of lean development is
included by employing an agile strategy that focuses on simplicity, efficient workflows, and
resource efficiency (Conforto & Amaral, 2016). The agile technique emphasizes excellent team
communication and external stakeholders to guarantee conformity with the concept's ideals
(Boehm & Turner, 2005). Another feature of agile project management is that it necessitates
extremely tight engagement with the user to integrate their input in all iteration cycles for
continual development (Conforto & Amaral, 2016). The principle of direct feedback will enable
minimize manufacturing costs (Brechner & Waletzky, 2015). As a result, agile project
and minimizing rework by addressing problems timely when they arise. Additionally, early
advantages are delivered as a result of gradual progress. Requested changes and suggestions are
gathered and approved based on their importance and ability to provide immediate advantages
(Association for Project Management, 2015). The consumer may benefit from additional
functionality and upgrades by releasing them regularly (Association for Project Management,
In agile projects, the team structure is self-managed and self-directed, linked to a higher
level of responsibility for every team member. In contrast, the authority of a single project
manager diminishes (Association for Project Management, 2017). To manage the agile context,
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improved cooperation and effective communication in the team are required. The project
manager is more concerned with training and handling broader stakeholder interactions to relieve
the team's burden and allow them to focus on their primary responsibilities (Association for
Project Management, 2015). Additionally, regular and brief stand-up discussions keep everyone
informed about the project's progress. In those settings, problems that have arisen and obstacles
that have been encountered are explored (Conforto & Amaral, 2016). While this may appear
time-consuming, it helps avoid repeating the same mistakes and learn from teammates'
experiences. As a result, productivity rises (Kautz et al., 2014). Furthermore, team members
must justify and defend themselves if they fail to complete a job. On the one hand, this increases
the amount of pressure and, on the other, creates an incentive for progress, assists in quickly
addressing issues such as an excessive workload and allows the team to alter their activities to
avoid overruns.
The agile technique became popular in projects as a solution to enormous cost and
schedule overruns caused by traditional project management methods (Association for Project
Management, 2015). This alternate strategy is now widely accepted as the standard for managing
projects (Hoda et al., 2017). In addition, agile project management is commonly used in various
industries that operate in a highly dynamic, fast-paced environment and require creative
processes, such as design or service (Association for Project Management, 2015). A variety of
conditions and features can trigger agile project management. For ventures of uncertainty and
lost needs, a more dynamic approach with less early preparation is highly effective (Association
for Project Management, 2015). Regular feedback mechanisms, rigorous communication and
teamwork, can help guide this procedure in this scenario (Conforto & Amaral, 2016). As a result,
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agile project management suits innovative development procedures (Conforto et al., 2014). In
addition, the necessity for quick marketplace entry and time and cost restrictions are features of
2.8 Conclusions
Due to the current business climate and rapidly changing needs, there is a need to be
more adaptable and actively integrate clients, particularly in the software development sector.
Many digital startups use an adapted version of agile management to do so. In contrast, others
characterize their development process using typical agile project management features,
indicating the unintentional use of an agile framework to some extent. Agile project management
qualities appear to be more suited for many projects since they are well-matched with the
qualities of today's environment. The widespread and practical implementation of agile project
management leads to whether traditional project management is unsuitable for digital startups or
information sector and in light of start-ups’ limited resources, especially in the early phases. This
analysis is quite helpful in terms of integrating entrepreneurship with project management. The
similarities and differences concerning the traits and responsibilities of businesspersons and
Furthermore, the view that establishing and expanding a business might be regarded as a
project and managing a company's continuous activity linked the two research fields is
increasingly apparent. Similarly, the review has noted that planning is critical in startups. As a
result, using project management approaches seems natural. In principle, striking a balance
between preparing enough and not spending too much time planning is critical; hence, agile
project management's more dynamic approach looks more appropriate. The focus on project
22
management differs significantly based on the industry, teammates' location, and the project's
size. For this reason, it is critical to link the study fields of entrepreneurship and digital startups
with project management to raise attention that enables project managers to be appropriately
considered and assessed. However, there are a few limitations to this review. New research
alternatives might be suggested to attempt to integrate the two research domains of project
management and entrepreneurship. The evaluation of the consistency of start-up existence and
applied project management techniques and procedures are disregarded in this review due to the
focus on identifying project management methods and tools for startups. However, the results
suggest that project management tools and techniques should be used to manage the start-up’s
growth process effectively. Future research should emphasize on the cohesiveness of project
management and the possibility of a start-up’s continued existence to assess the value of project
management in digital startups. Furthermore, this review represents unique attempts at studies in
this area, and additional quantitative studies would offer extra reinforcement of the outcomes on
a larger scale.
Chapter 3: Methodology
3.1 Introduction
In order to stabilize the economy for any digital start-up is considered as a difficult job as they
spend hours making a good amount of profit that indicates a stable economic place in the market.
In globalization digital startups are one of the essential sectors as they help to reduce poverty and
unemployment from any underdeveloped country. Start-ups’ main aim is to find repeatable and
applicable business models because these models deal with traditional models of business
techniques that lead to higher revenue, healthy competition with others and also an increase in
23
growth (Mantilla, 2020) . It also has been observed that while implementing these project
management models or techniques new startups have faced some challenges. With the
introduction of project management techniques to the startups those faced challenges are the aim
of this research.
The methodology which will be use in the research will be qualitative research study and
questionnaires will be use with open ended questions. This technique will help to collect in depth
information about how startups dealt with the project management difficulties.
Gathering as much data based on conducted surveys is the main purpose of a researcher. A
system of their thought that helps to follow the new opportunities and by which the research aims
are satisfied is termed as the scientific research philosophy. There are many surveys which are
conducted based on challenges faced by startups while implementing project management tools
and techniques for building any project. It has been observed from that research that collection of
data, processing with them and analysing based on those helps researchers to obtain a predicted
and optimistic outcome for the research (Saunders, 2009). There are multiple research
philosophies which can be applied for respective research but for this research a Positivism
research has been conducted and applied to extract a predictable outcome as this type of research
philosophy deals with data collection, sampling and interpretation through observation along
with measurement (Kiznyte, Welker and Dechange, 2016). The main principles of positivism
philosophy such as across sciences there are no difference about the logic of inquiry, the aim of
the research indicates explanation and prediction and not permitting common sense in terms of
research findings, the analysis and interpretation about the collected survey data is performed
24
through logic. According to these main principles, the aim of this research is to justify the chosen
philosophy.
According to the definition of research approach, from broad assumptions to utilized methods of
data collection, analysis and interpretation, plans and procedures for research which helps to
span the steps. Various data is collected from different studies which are conducted on the
research aims that is the impact of the challenges faced by start-up while utilizing project
management techniques are first observed and then based on some hypothesis outcomes are
predicted. For this research we also uses qualitative research study and questionnaires uses with
open ended questions. This technique will help to collect in depth information about how
startups dealt with the project management difficulties. Research approach is the main
component of research methodology where three different types of approach are there such as
inductive, deductive and abductive. These three approaches are based on some individual criteria
(Zielske and Held, 2020). According to our research, the inductive approach is the best approach
in which the outcomes are gathered with the help of predictions obtained from observations and
theories and some interviews (Midler and Silberzahn, 2008). Three major applications of
inductive research are observations, pattern of the data and research and the theories about the
research. Grounded theory is considered as descriptive research conducted with quality. Some of
the parameters of the inductive approach are - bottom up direction, multiple spatial scales,
The research strategy defines the whole process through which the research is being organized.
project management techniques are collected and according to that some observations are noted.
A positivist research philosophy has been chosen among all research philosophies as it is most
justified with gathering data for research and an inductive research approach has been selected
for this particular research (Mingers, 2001). Amongst various data collection methods qualitative
research is considered as most suitable for this research with some survey methods that related to
the research schedule and the formation of a Gantt chart. For the purpose of interpretation of
data, we uses the atlas.ie software to analyse our qualitative data. The chosen research strategy as
qualitative indicate some extra advantage over quantitative such as big organization established
larger business whereas start-up need to apply an appropriate project strategy that leads growth
of their business, questions coming from the employees of any organization who faced problems
while implement project management strategies, a qualitative research also gives near o accurate
prediction that helps to mitigate those challenges, solution came from the managerial interview
Data collection method is a part of a research method and it consists of five different types of
data collection strategies which can be dispensed based on the research aim and approach in
corresponding to satisfy various motives. The five methods are survey methods that are
segmented into two types: questionnaires and interviews; qualitative data collection and
quantitative data collection methods, experiments and action research. For this research
26
qualitative has been selected for research within which observation type of qualitative data
collection method has been chosen as the many information about questionnaires of this research
has been gathered and those data are analysed through observation and by using the software
collection of data is accomplished on specific variables according to their per determined values
and in unstructured observation there are no predefined values for variables so researcher can
free to collect as much as data he/she needed from any media (Igwenagu, 2016). It has been
noticed that a specific semi structured data observation method is applied here as via telephone
and emails limited few business involvement has been conducted or accomplished while starting
a new business for any start-up companies such as the number of correspondents will be certain
as 10. Some important aspects of data collections are from feedback of customers with and
without the utilization of project management techniques, textual data has been observed, visual
analysis are performed through books and conducting interviews on people (Wilcox et al., 2012).
2) What is the size of your company i.e how many employees are working?
3) Which Project Management technique is your company using? Like waterfall or agile etc.
5) How has the Project management evolved over the course of startup’s life time?
The intended sample for this project is to collect non random sampling with the purpose to
collect all information needed and the best information from that samples. Over all 10 startups
will be studied to get more relevant information. People from these 10 startups will be chosen
purposefully according to their role within the organization and their knowledge in the subject
● Textual data observation from customer feedbacks of digital start-ups with and without
● Visual analysis from sources like books and interviews of people involved in the field of
● Literature data and review collections of start-ups that introduced project management
techniques and their experiences along with data history and records from people who did
Sampling method comes from the term “sampling” in research and there are mainly two types of
sampling methods and they are probability sampling and non-probability sampling. The Process
involve first to create a series of questions to better understand the difficulties which start up face
in project management techniques. Questionnaires will be developed and sent out to different
people in startup which are personally known by the researcher and assuring that all answers will
be obtained. Then, representatives of startups will be contacted and find the out the interested
ones and questionnaire will be then sent over to them. The questionnaire will be made in semi
28
structured way that will take less time of the representative but enough time to provide required
important information for the research. After the questionnaire process the data will be
transcribed and recorded and separated in terms of company theme and industry.
The sampling method which is selected for this project is the simple random sampling which is
a type of probability sampling. A group of people, objects or items that are considered or
extracted form a larger population or measurement are known as sampling in the context of
research (Zhang, Lu and Cheng, 2021). There are many benefits of simple random sampling
which helps to observe and get the predicted and most accurate outcome from the research as it
is the purest form of sampling and the most straightforward probability sampling technique. For
a wide range of motives it is the most genuine method that chooses a simple among its respective
Straightforward newly settled firms or those in the arranging stage with almost no commitment
to business tasks using ICTs and the web will be moved toward actually on the ground, via
telephone, and by means of email. the significant members in this review. The survey will be
semi-organized, and in light of the fact that it will require an investment to accumulate the
material, there might be space for 10 answers (Lee, Hyeon and Hwang, 2020). The data was
accumulated through the effective assessment of six issues, as shown by the information above,
it is clear. In any case, it additionally runs the risk of passing up a great opportunity with
significant educational subtleties. Effective request, a strategy for social event emotional
repeating themes. It is a strategy for consolidating information, yet as well as picking codes and
29
making subjects, it likewise includes deciphering. Use the codes in Atlas,ie to analyse the
significant subjects or occasions tracked down in the information. This technique could feature
the course, extensive depiction, and hypothetically taught understanding of significance of the
Definitive principles and regulations lay strong emphasis on making the exam paper moral from
every angle, in line with how the evaluation was conducted. Many individuals come to the
conclusion that moral evaluation should focus on moment audit plans and approaches.
Mathematical outcomes are frequently replaced with text-based ones when thinking in terms of
emotional appraisal. An emotional researcher can't depend on regular techniques for resolving
specific issues like tendency and legitimacy since the master is considered as the exploration
device and the plan of solicitations should be figured out and changed as the survey advances. In
this manner, it is much of the time considered a fundamental part of emotional exploration to
gain from an assortment of mistakes (Kiani et al., 2018). While social occasion data from
individuals, experts are obliged to reliably stick to various moral standards. The severe rules in
the audit manual that should be observed while making the investigation report likewise feature
As indicated by the assessment's points, objectives, and questions, it got a cross-sectional time
Horizon. The examination depends on a solitary investigation for a specific measure of time,
subsequently the time horizon is cross-sectional. A cross-sectional fleeting horizon gives a fast
30
simpler to take a gander at numerous things found simultaneously all through the assessment.
This has helped the master in recommending answers for facilitating those difficulties through
the examination. The data accumulated and coordinated through effective review has made the
Chapters We We We We We We We We We We We We
ek 1 ek 2 ek 3 ek 4 ek ek 6 ek 7 ek 8 ek 9 ek ek ek
5 10 11 12
Chapter 1:
Introduction
Chapter 2:
Literature
review
Chapter 3:
Methodology
Chapter4:
Data
Analysis
31
Chapter 5:
Conclusion
and Findings
3.11 Summary
Any computerized organization that goes through hours making a sound benefit that shows a
solid financial situation in the market is respected to make some extreme memories settling the
economy. Computerized new companies are an urgent region in the worldwide economy since
they lower property and joblessness in emerging countries. It has been found through this
examination that social event information, handling it, and afterward assessing it permit
specialists to show up to a predicted and confident end for the review. There are numerous other
examination methods of reasoning that might be utilized, but for this review, positivism was
utilized to direct the exploration and concentrate an anticipated outcome since this sort of
exploration theory centres around social occasion information, testing it, and deciphering it
4.1 Introduction
Computerized new businesses are popular in the present globalized world since they are viewed
work development and helps in resolving the squeezing issues of joblessness and neediness. To
make essential experiences for the exploration exertion, the concentrate in this space has
32
included information from the genuine diaries and papers. The review has inspected quantitative
information from essential information sources to assemble the fundamental information with
respect to the Startups work uniquely in contrast to laid out organizations, subsequently the
issues that emerge accordingly are particular and significant. Subsequently, numerous effective
significant ventures today are the posterity of these new businesses. New companies are likewise
backers. "The objective is to foster particular items or administrations, experience quick turn of
Beast on the first question of the survey on the difficulties on the organization phase in the
current time most of the company are facing the lack of resources. As per the opinions on the
survey question 1, 70% of the participants voted for black on resources issues of the start-up
33
companies. At the time of creating any start-up business it needs to be supported financially and
other things to create sustainable business operations for making profit at the end. As per the
opinion of the participant most of the start-up business is facing issues on financial resources
such as adding funds on the business to create more sustainable operations of the business along
with that the starters also face the human resources issues or the agent issues. However 20% of
the participants on the surface stated that the company is facing scaling issues in the business
market at the time of start-up. As per the opinion of the participant the scaling of issues is one of
the second largest issues in the start of his business where the business can't address the scaling
of objectives for the business growth. Moreover, to scale up the business the company needs to
focus on the future goals and need to prepare for the financial growth of the market and also the
company needs to evaluate the competition of the business and understand its issues and
opportunities to create a sustainable business for future. As per the opinion of the participants the
scaling up or the growth issue is one of the biggest issues for a start-up business. As per the
participants' opinion 10% of them mention that funding or the unforeseen difficulties are one of
the reasons for the startups that create difficulties in starting business.
34
4.2.2 Describe the time when the company experience the project management success
Based on the result of the survey on the 2nd question, which is the description of time when the
company experienced project management success, 60% of the participants voted for the agile
method usage of the company project management. Therefore it has been clear that most of the
participants believe in the agile method to create a successful project management experience for
the start-up company. 60% of the participants believe that the company needs to provide the
superior quality product to the consumers and also work on the consumer satisfaction to create
better business in the end. The company always needs to create the control on the products so
that they could use the feedback of the consumers on their product to improve the quality and
provide a better satisfaction to the consumers. However, 30% of the participants still believe that
the use of traditional methods in project management can create more successful results rather
than other methods and companies could experience the success of project management by using
the traditional methods rather than other agile methods. These participants have the belief that
35
the traditional business plan is much affected by the business plan for the new start of business.
This type of business plan allows the owner of the company to create the goals and objectives
and provide a proper business plan to achieve them. As per the traditional methods or in the start-
up business it provides a primary function to manage the future and current financial projection
of the organization that help the company to create a better future plan for the business
operations and project management. As per the result of the survey 10% of the participants all
believe that the planning for the future based on the project management good provides the
experience of project management success to the company at the time of start-up. As per their
opinion the company needs to plan for the future before conducting the project management and
need to focus on the future plans which will provide the company more accuracy on the success
of the project management and the experience of the success of the business operations.
4.2.3 Evolve of the project management over the course of start-up Lifetime
Based on the third question on the evaluation of project management of the start-up company in
their overall lifetime the 40% of the participants believe that agile is the one of the reasons that
evolve the course of the start-up lifetime. So it has been clear that most of the participants are
believe that in the current business time for the starters they need to focus on the agile methods
where they only focus on the products quality and consumer satisfaction and the time of project
management which is the most important thing to evolve the project management over the course
of start-up lifetime. Therefore based on the result of this survey question it has been clear that the
agile method is one of the better methods in the business where this method reduces the risk and
increases the flexibility of the company which is one of the important factors of the start-up
business to provide better service to the consumers. All those agile of the business also provide
continuous improvement on the quality of the product and provide infrastructure that create a
flexible system for the company to understand the feedback of the consumers and continuously
imply on the product and increase the consumer satisfaction. Also this methodology provides
better team infrastructure to the data companies which improves the project predictability and
creates a better control on the quality of the product which creates a good impact on the
consumers. On the other hand the traditions of agile could be the reason for the evolution over
the course on the start of lifetime as been voted by the 30% of the participants. On the basis of
the participants' opinion on this particular question 30% of the participants are not specified
about the evolution of the project management of the course of the start-up lifetime.
37
As per the opinion of the surface question on other future plans of the company for the project
management, 60% of the participants want the company to transfer their operating method from
traditional to agile methods. Therefore it has been clear that most of the participants believe that
the agile methods in a business is one of the best methods to create a better future project
management plan for the company. As per the method the company needs to focus on the
quantity and the quality of the product to maintain the consumers satisfaction which is to provide
the organization a better quality control on the product and also to improvise their business as per
they wanted. The agile methods of the business provide a flexibility for applying new changes in
the business and improve the project ability which will help the organization to reduce the risk
for their future project management. Although, as per the survey result 20% of the participants
are moving to the agile method which showcases that the other participants are also wanting the
company to maintain the agile methods in the business to create a better and sustainable business
38
project management in the future. Along with that the 20% of the participants also voted for
traditional methods which is a showcase that they wanted to stay in the traditional methods of
project management. Traditional methods provide the company owners full control on the
business operations and provide the full control on the goals and objectives of the business.
This above chart shows the interviews results in the form of graph as from the above graph it is
very clear that most company are using Agile methodology in their companies.
This above screenshots are taken from the Atlasti software which we uses for the analysis of our
data which we gathered in term of interviews, and this above screenshot shows the codes which
4.3 Summary
It is therefore evident that the majority of participants think that in the current business climate,
beginning businesses should concentrate on agile methods where they only pay attention to the
quality of their products and the satisfaction of their customers, as well as on project
management, which is the most crucial factor in the evolution of project management over the
course of a start-up’s lifetime. Therefore, based on the results of this survey question, it is
evident that the agile technique is one of the better business practices. This way lowers risk and
enhances corporate flexibility, which is crucial for startups to provide customers with better
service.
42
Chapter 5: Discussion
As per the opinion of the participant most of the start-up business is facing issues on
financial resources such as adding funds on the business to create more sustainable operations of
the business along with that the starters also face the human resources issues or the agent issues.
However 20% of the participants on the surface stated that the company is facing scaling issues
in the business market at the time of start-up. As per the opinion of the participant the scaling of
issues is one of the second largest issues in the start of his business where the business can't
address the scaling of objectives for the business growth (Mantilla, 2020).
Moreover, to scale up the business the company needs to focus on the future goals and
need to prepare for the financial growth of the market and also the company needs to evaluate
the competition of the business and understand its issues and opportunities to create a sustainable
business for future (Hodaet al., 2017). As per the opinion of the participants the scaling up or the
growth issue is one of the biggest issues for a start-up business. As per the participants' opinion
10% of them mention that funding or the unforeseen difficulties are one of the reasons for the
The company always needs to create the control on the products so that they could use
the feedback of the consumers on their product to improve the quality and provide a better
satisfaction to the consumers. However, 30% of the participants still believe that the use of
traditional methods in project management can create more successful results rather than other
methods and companies could experience the success of project management by using the
traditional methods rather than other agile methods. These participants have the belief that the
traditional business plan is much affected by the business plan for the new start of business
This type of business plan allows the owner of the company to create the goals and
objectives and provide a proper business plan to achieve them. As per the traditional methods or
in the start-up business it provides a primary function to manage the future and current financial
projection of the organization that help the company to create a better future plan for the business
As per the result of the survey 10% of the participants all believe that the planning for the
future based on the project management good provides the experience of project management
success to the company at the time of start-up. As per their opinion the company needs to plan
for the future before conducting the project management and need to focus on the future plans
which will provide the company more accuracy on the success of the project management and
the experience of the success of the business operations (Lee, Hyeonand Hwang, 2020).
Therefore based on the result of this survey question it has been clear that the agile
method is one of the better methods in the business where this method reduces the risk and
increases the flexibility of the company which is one of the important factors of the start-up
business to provide better service to the consumers (Hornstein, 2015). All those agile of the
business also provide continuous improvement on the quality of the product and provide
infrastructure that create a flexible system for the company to understand the feedback of the
consumers and continuously imply on the product and increase the consumer satisfaction.
Also this methodology provides better team infrastructure to the data companies which
improves the project predictability and creates a better control on the quality of the product
which creates a good impact on the consumers (Kiznyte,Welkerand Dechange, 2016). On the
other hand the traditions of agile could be the reason for the evolution over the course on the start
of lifetime as been voted by the 30% of the participants. On the basis of the participants' opinion
44
on this particular question 30% of the participants are not specified about the evolution of the
project management of the course of the start-up lifetime (Kianiet al., 2018).
The agile methods of the business provide a flexibility for applying new changes in the
business and improve the project ability which will help the organization to reduce the risk for
their future project management (Robertson, 2020). Although, as per the survey result 20% of
the participants are moving to the agile method which showcases that the other participants are
also wanting the company to maintain the agile methods in the business to create a better and
Along with that the 20% of the participants also voted for traditional methods which is a
showcase that they wanted to stay in the traditional methods of project management. Traditional
methods provide the company owners full control on the business operations and provide the full
Chapter 6: Conclusion
The goal of startups is to develop distinctive goods or services, experience quick development,
and exit through a trade sale or an initial public offering. Startups are also evaluated as
that, it likewise heavily depends on modern technology. Innovation is what drives entrepreneurs'
regarded as one of the fundamental components of every firm, it also functions concurrently in
every start-up. Any computerized organization that goes through hours making a sound benefit
45
that shows a protected monetary situation in the market is respected to make some extreme
memories settling the economy. Computerized new companies are one of the vital businesses in
globalization since they help unfortunate countries with destitution and joblessness decrease.
These elements amount to the start-up by decreasing designing and waste hours, placing the item
in the possession of the objective client at the earliest opportunity, and thirdly, moving the start-
up’s focal point of gravity with the goal that it is extending toward the objective it set off on a
mission to accomplish while as yet leaving space for learning and improvement. Additionally, a
survey will be created that addresses all significant project management and execution issues in
computerized new businesses, such as hiring the incorrect leader, putting on a poor show when
taking risks, and having a limited understanding of the venture's scale. From there, the
possibilities are endless. It will then be sent to other start-up workers with the intention of
helping them find better solutions to their problems while concentrating on their degree of
business expertise. It will also be used as a reference for the review paper's informational annex.
Any computerized business that spends countless hours producing a sound advantage that
demonstrates a stable financial state in the market is regarded to create some extreme
recollections stabilizing the economy. Computerized new businesses are a crucial sector of the
global economy since they reduce property and unemployment in developing nations. Through
this investigation, it was discovered that managing social event data and then analysing it
allowed experts to arrive at a foreseen and confident conclusion for the review. Any new
company venture needs both financial and non-financial backing in order to establish long-term
operations that will generate profits. According to the participant's perspective, the majority of
new businesses experience problems with their financial resources, such as adding cash to the
company to make its operations more sustainable, coupled with problems with its agents or
46
human resources. However, 20% of the participants initially said that the company was having
Due to the current business climate and rapidly changing needs, there is a need to be more
adaptable and actively integrate clients, particularly in the software development sector. Many
digital startups use an adapted version of agile management to do so. In contrast, others
characterize their development process using typical agile project management features,
indicating the unintentional use of an agile framework to some extent. Agile project management
qualities appear to be more suited for many projects since they are well-matched with the
digital startups or perhaps obsolete. Traditional project management looks unsuited, particularly
in the information sector and in light of startups; limited resources, especially in the early
phases. This analysis is quite helpful in terms of integrating entrepreneurship with project
management. The similarities and differences concerning the traits and responsibilities of
The participant believes that the second-largest problem at the beginning of his firm, after the
inability to handle the scaling of goals for business growth, is the scaling of challenges.
Additionally, in order to expand the business, the organization must concentrate on its long-term
objectives, plan for the market's financial expansion, assess its competitors, and comprehend its
evident that the majority of the participants trust the agile technique to give the new business a
good project management experience. The participants are of the opinion that in order to
generate greater revenue in the long run, a firm must provide consumers high-quality items and
47
focus on customer pleasure. The business must always maintain control over its products so that
it may use customer input to enhance product quality and boost customer happiness.
6.2 Conclusion
Project management is becoming more and more popular as a useful tool for businesses to
embrace change and adapt to the market in order to stay competitive in a quick-moving sector. In
today's corporate world, when resources are limited, timescales are shorter, budgets are more
thought that using it in startups is advantageous since it boosts productivity. Agile and
conventional/traditional project management methodologies are the two main types that may be
identified for digital startups. Traditional project management is linear and places a lot of focus
on the project's beginning. Before the project pieces are assembled, a project is established and
separated into portions that are completed. By dealing with changing demands and unforeseen
events during project execution, agile project management (APM) approaches aim to adapt to the
current, quickly changing business environment. This increases the flexibility of this project
management approach above traditional project management. A task can be broken down into
smaller, more manageable tasks with short iteration intervals; less initial preparation reduces
rework and saves time and money on revisions. Additionally, a project's adaptable scope
promotes open communication with customers, raising client satisfaction. Project management is
management is a method for carrying out well-organized processes and programmes that may
help a business prioritize and manage its operations, goals, and accomplishments as well as
48
endure market competition. Since it helps achieve goals through projects and is an effective way
to compete, sustain a firm, and enable the reaction to industry changes, project management is a
key competence inside enterprises. It is getting more complex since it involves more than just
numbers, patterns, tables, or graphs due to how intricately businesses are implementing business
technique is a set of actions, processes, routines, and rules in a field. To distinguish between the
two and avoid misunderstandings in later readings, a differentiation must be made. Similar to
rules and checklists, project management strategies ensure that the best procedures are followed
and that the intended outcomes are obtained. Compared to traditional project management, which
is linear, agile project management is more spiral. As a tool is physically utilized to accomplish a
job in order to produce a product or end, a technique is a set of actions, processes, routines, and
rules in a field. To distinguish between the two and avoid misunderstandings in later readings, a
differentiation must be made. Similar to rules and checklists, project management strategies
ensure that the best procedures are followed and that the intended outcomes are obtained.
Compared to traditional project management, which is linear, agile project management is more
spiral.
The characteristics of an agile approach are different from those of a traditional technique in
many ways. The growth route of a work is decided by its vision rather than by extensive
preparation. Agile techniques therefore place more emphasis on the execution stage than the
processes, and resource efficiency, the lean development concept is included. In order to ensure
49
adherence to the concept's concepts, the agile approach places a strong emphasis on effective
team communication and external stakeholders. Startups want to create unique products or
services, grow quickly, and exit through a trade sale or an initial public offering. Startups are
also assessed as businesses started by entrepreneurs with funding from abroad. Entrepreneurship
includes all three of these activities: opportunity identification, evaluation, and exploitation. In a
ingenuity is driven by innovation, which is essential for growth and sustainability. Management
also performs simultaneously in every start-up because it is one of the basic elements of any
company.
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