Put yourself in the role of a project manager collaborating with MTD, an events company.
Considering the difficulties and problems that MTD encounters in their projects, what insights have you gained this week that could offer assistance?
If an iterative approach were employed in organizing an event as a project, what would be the consequences? Similarly, what are the implications of adopting an agile approach? If the company sought your advice, what would you recommend?
Contribute your thoughts and ideas to the discussion.
I would advice the PM to approach the project with an open mind. It’s better to work with both the linear and agile method as we currently live in the vuca world and literally everything is changing.
A project may start with a linear approach and later agile approach. If an agile approach is adopted, there will be room for troubleshooting challenges and risks and other issues will be identified on time and mitigated.
There is no perfect method in project management owing to the changes that happens both internally and externally of the project (volatility,uncertainty, complexity, etc).
For MDT, an design company, using the iterative method is fine and okay but a blend of the agile and the waterfall approach is better.
This will give room for systematic assessment of progress, adjustment and achievement of SMART goals.
It would also provide room for step by step progression using the scrum.
Based on the insights gleaned this week, I would advocate for the implementation of an iterative approach for MTD projects. This methodology allows for early incorporation of user and stakeholder feedback, minimizing the squandering of valuable time and resources. Moreover, integrating a hybrid approach, which blends the systematic advancement of the linear model with the invaluable input from iterative cycles, proves to be particularly advantageous.
By adopting an iterative project strategy, stakeholders are more deeply engaged and accountable, while project timelines are expedited, ensuring swifter completion. Embracing an agile methodology further equips teams to effectively navigate unforeseen challenges and fluctuations inherent in project execution.
The adoption of an Agile approach not only facilitates proactive troubleshooting but also enables the timely identification and mitigation of risks and issues. Recognizing the dynamic nature of project management, characterized by volatility, uncertainty, complexity and Ambiguity, a hybrid model that combines Agile with traditional waterfall methods emerges as the preferred approach for MTD Projects.
This hybrid approach allows for incremental progress assessment, enabling timely adjustments and the achievement of SMART goals. Leveraging the structured progression offered by scrum methodology, it ensures a balanced and adaptable framework for project management.
If an Agile approach is adopted, there will be room for troubleshooting challenges and risks and other issues will be identified on time and mitigated.There is no perfect method in project management owing to the changes that happens both internally and externally of the project (volatility,uncertainty, complexity, etc).
For MDT, an event company, using the iterative method is fine and okay but a blend of the agile and the traditional approach (waterfall) is better =hybrid.
This gives room for small by small assessment of progress, adjustment and achievement of SMART goals. It provides room for step by step progression using the scrum.
An iterative approach will allow them know the goal of the project and their outcome and also allow them to make changes and also adapt to the lifecycle of the project for a better project.
As a MTD project manager, I would go with linear because the expected outcome can easily be predicted and procedures or operation involved is laid out, it detects potential issues early, saves time and cost of building the project.
Given my insights from this week’s lesson, the MTD project will better work using an Iterative approach. This is because it allows the project team to deliver the outputs regularly and frequently, rather than all at once at the end of the stage or project, that way corrections can be made for better results as users and stakeholders provide feedback.
Agility can be avoided when it comes to the MTD project as that would change the original plan and focus of the project. They might not give a very healthy water supply if they’re in a haste and rush the work.
Based on the insight I gained this week, I would advise that an iterative approach should be used for the MTD projects, which helps to get user and stakeholder feedback as early as possible, without wasting time and resources. Also, a hybrid approach would be of a great use, because it combines the step by step movement of the linear approach with the user and stakeholder feedback of the iterative approach.
An iterative project approach would greatly increase stakeholder accountability and connection with the project team, as well as acceleration of the project within a shorter period of time. An agile approach will undoubtedly help to work within volatile and unpredictable conditions that may arise in the course of execution of the project.
From the insights that I have gained this week, I would implore that an iterative approach be used for their projects, as it helps to get user and stakeholder feedback as early as possible, without wasting time and resources. A hybrid approach would also be of great use, as it would combine the step by step movement of the linear approach with the user and stakeholder feedback of the iterative approach.
An iterative project approach would also increase stakeholder accountability and connection with the project team, as well as acceleration of the project within a shorter period. An agile approach would definitely help to work within volatile and unpredictable conditions.
Being assigned to proffered solution as a project manager to MTD, I’d say It is beneficial to implement the project using the hybrid methodologies because:
* It makes an effort to be flexible rather than rigid.
* Anticipated results (which include low cost of production, quick and convenient access to risk management.)
* Help in learning about user requirements and test the concepts (I.e Questionnaire, Feeds, Interviews e.t.c.)
* Quick delivery of project results and it also Increased involvement (familiarity) with stakeholders.
* Make things more transparent and viable; which thereby give stakeholders and sponsors reassurance.
This week, I have learnt that one tactic used to create agility is slack or spare capacity in teams and organizations. Therefore, planning an event for MTD requires team work.
If an iterative approach were employed in organizing an event as a project, the consequences would involve breaking down the event planning process into smaller, more manageable iterations or phases. Each iteration would focus on completing specific tasks or aspects of the event, with regular review and adjustment periods built in.