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.
Project Management have different approaches, and the approach to adopt for a project depend on the type of the project, the dynamic of the industry and the environment. There are two basic approaches of project management which are; Iterative and Linear, project can be carried out using either of the two or combining the best part of the two approaches(hybrid)
As a project manager working for MTD, i would prefer to go with the iterative approach, because iterative approach works perfectly in a project where their are uncertainties, change in scope. using iterative approach allows the project manager encourage feedback among the stakeholder and the project teams, users to get ideas, that would be a source of guide, in knowing whether he/she is in the right track. iterative approach allows the project team to deliver the outputs regularly and frequently, rather than all at once at the end of the stage or project. An iterative project approach would also increase stakeholder accountability and connection with the project team.
An agile approach will undoubtedly help to work within volatile and unpredictable conditions that may arise in the course of execution of the project.
Project management defiantly have different approaches, but the nature and complexity determine which to choose from or the decision to combine.
Considering the challenges encountered by MTD I would rather profar the hybrid approach be adopted, further more due to uncertainties in the global system and human behavioral pattern as regard to team play at some point if something is not looking right, could apply for swift approach
I understand that different project has different approach, but how dynamic the industry you are in and how sophisticated the project is will determine the approach that will be employed, maybe linear or iterative. But I learnt that some project might require both especially in our current dispensation, PMs should not rob themselves trying to stick to one when they an achieve result using the two.
Considering the difficulties and problems that MTD encounters in their projects, I will employ both method, knowing for sure how dynamic MTD project is.
If an iterative approach were employed in organizing an event as a project, there will be no consequence other than an excellent result.
Personally I would always advice my company to be open minded, lets get our head in the project, we will have lot of sprints, and also try to be simple enough.
I learnt a lot this linear and iterative projects. the linear project is common and often refered to as waterfall, its helps to assure the sponsors and stakeholders that the project is on track. linear projects are less predictable and happens in a stable environment. And in linear apparoch specifing ,coding, designing and testing are done one after the other. The iterative apporach also known as the agile helps to test the ideas and get feedback from users, the feedback recieved helps them know wether the project is visable to carry out. iteration apporach specifing, coding, designing and testing are done all at once,the apparoch is more predictable, happens in an unstable environment, more likely to change.
I also learnt about the VUCA meaning volatility, uncertainty, complexity, ambiguity.
For the MTD, i think its best to combine both apporach to create a flexible and adaptable project lifecycle suited to a particular context.
One key valued I have learned is the value of iterative and agile approaches, particularly in dynamic industries.
For MTD, considering their industry-specific challenges and issues, adopting an iterative approach to projects could provide several advantages. By breaking down projects into smaller phases and gathering feedback from stakeholders throughout the process, MTD can make adjustments and improvements as needed. This approach allows for greater flexibility in responding to changes and uncertainties, ultimately leading to more successful project outcomes.
What i have learnt this week is that when handling a project there are certain ways to handle it. We have the linear and the agile/iterative approaches which can both be used in a project because of uncertain occurrence .
We also have the simple, complicated and complex method of approaching problems that happens when doing a project.
For the MTD’s I would advice for them use the iterative method so they will be extra plan, budget and time if anything happens along the line of delivering the project. The project will be break down into smaller phases and gathering feedbacks so they can make improvement where necessary.
Considering the nature of the projects the company engages in, I would think agile methods will be the most ideal, but without neglecting the linear approaches. The case in point is when an initial scope was determined but again, it was realized the demands were higher than expected. A crisis meeting had to be called upon to cater for the new changes. This would seem like initially a linear project, has to be addressed iteratively by initiating an new strategy, more like a mini-project within a bigger project.
Project should ensure that effective monitoring and evaluation system is developed to track the progress of the project towards achieving the project goals.
This week, I’ve learned about the importance of adaptability and responsiveness in project management. One key insight is the value of iterative and agile approaches, particularly in dynamic industries.
For MTD, considering their industry-specific challenges and issues, adopting an iterative approach to projects could provide several advantages. By breaking down projects into smaller phases and gathering feedback from stakeholders throughout the process, MTD can make adjustments and improvements as needed. This approach allows for greater flexibility in responding to changes and uncertainties, ultimately leading to more successful project outcomes.
Similarly, embracing agile methodologies can enhance MTD’s project management practices. Agile promotes collaboration, adaptability, and continuous improvement, which are valuable in industries facing rapid changes or evolving requirements. By fostering a culture of agility and empowering teams to experiment with new ideas and solutions, MTD can stay competitive and deliver value to their clients more effectively.
Overall, my advice to MTD would be to consider integrating both iterative and agile principles into their project management approach. By doing so, they can enhance their ability to navigate industry challenges, respond to client needs, and deliver successful outcomes.