Management magazine search

Loading

Thursday, July 19, 2007

AGILE Project Management

Managing the project in ever changing environments is called Agile Project Management.

Classic Project management is the style of project management in which the project environment is constant and not changing very rapidly.

In agile environment the emphasis is on execution where as in classic PM emphasis is on planning.

Agile PM depends upon following three main factors
  • Uncertainty
  • Unique Expertise
  • speed
Agile PM Environment = [Uncertainty + Unique Expertise] * speed

Uncertainty
is of two types Internal Uncertainty and External Uncertainty.

Internal Uncertainty includes scope, schedule and cost and is more or less controlled by internal management.

External Uncertainty includes change in customer requirements, comparative moves, industry environment, Government policies etc. In short, the things that are not fully controlled by the organization.

More is the Experience (Expertise) of the organization less will be the uncertainty faced by organization and vice versa.Projects and sometime entire businesses are formed around the skills of a single guru/ small group of gurus.

presence of the computation urgency to complete the project faster. As this urgency rises more and more decision are made with less and less of information.Hence speed increases.

Urgency and Uncertainty are positively related.

No comments: