5 Revolutionary Benefits Of Agile Project Management
Agile project management has been receiving wider attention over the last few years and is now pricing itself as an essential model that provides greater predictability in the planning stage, improved efficiency and adaptability during the project, and ultimately leads to high quality products. For these reasons, agility cannot be ignored when planning a project. However, it can be difficult to wrench oneself away from traditional methodologies of project management especially when these are perceived as tried and tested.
Traditional project management is easy to understand as the sequential model is logical for any process. However, it is more inefficient than agile project management. Through iterative processes, the latter is better suited to today's landscape. Ready to be converted? Read on to discover the benefits of agile project management.
Agile project management is often better suited for today's project landscape than traditional methods
1. Greater efficiency
Projects that are managed through an agile methodology are more efficient than those working in a non-agile environment. When managing a project, how efficient it is, comes down to how the team works together and an agile team is interconnected, dynamic and co-supportive. This means that everyone understands their own roles and can focus on the tasks that are important to them, without working in a vacuum of communication. The cycles of work production and patterns of team behaviour become more predictable under an agile model, and the team will work better together towards the project’s outcome.
2. High quality output
Helen Gould, project manager at Brit Student and Next Coursework, explains that “agile project management strategy integrates revolutionary testing procedures into the project in order to improve the ultimate quality of the project. One essential element of an agile methodology is that a testing phase is integrated into the development cycle, so that the product is optimised over the course of iterative testing that takes place at every step of the way.”
The role of a Scrum Master in an agile methodology allows knowledge to be dispersed at the appropriate times so information stays relevant in the process. A high-quality product is the outcome of these agile procedures due to the collaboration of testing and knowledge.
3. Better predictability
One of the main problems in traditional project management is uncertainty about cost and return on investment (ROI). Without knowing these things, decisions that should be essentially calculative become guesswork and businesses fail or lose out. Through an agile methodology of project management, the cost of a project becomes increasingly predictable. By investing time in front-end planning as dictated by agile methodology, costs and benefits are perceived up front and predictability becomes one of the core components of the project.
4. Development is ensured
Agility in a project ensures that development will take place. An agile project is developed in an iterative fashion, which means that features will emerge early on in the project's process and a wire-frame product will exist in the early days.
“These early benefits mean that a product is market ready long before that would have been possible in a traditional approach to project management,” explains Marinda Browder, tech writer at 1Day2Write and Write My X. “On top of increased speed of project delivery, customer feedback is then fed into the development process to create an optimized product for the market.”
5. Adaptability in a fast-changing world
Whilst no project manager has a crystal ball and the future remains ultimately uncertain, having the ability to adapt as future market conditions and customer requirements crystallize gives any project an advantage in being successful. Agile project management enables this adaptability as the capacity for change is built into the project from the word go. Thanks to the features of an adaptable methodology, as well as the efficiency noted earlier, the structure of the project will be more flexible than with a traditional approach, allowing for greater opportunity to adapt to the changing world.
Agile project management can ultimately save money in the development process thanks to the impact of efficient development models and greater predictability in the planning stage. ROI is then doubly impacted as the product of an agile project is of superior quality, and likely to fit the market better thanks to the adaptability of agile methodologies. In a world with increasingly uncertain economic conditions, what remains certain is that agility is a valuable methodology for project management.
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