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.
Implications of an Iterative Approach:
Taking an iterative approach to setting up an event as a project involves incremental planning and execution. Each phase is revisited and refined as needed. Implications include:
Flexibility: Iterative methods allow for adjustments based on feedback and changing requirements, accommodating unforeseen challenges or opportunities.
Enhanced Adaptability The team can adapt to evolving circumstances, refining elements of the event progressively rather than adhering strictly to a predefined plan.
Feedback Integratio: Regular reviews facilitate the incorporation of stakeholder feedback, ensuring the event aligns closely with expectations.
Implications of an Agile Approach:
An Agile approach, often associated with software development but adaptable to various projects, emphasizes collaboration, adaptability, and customer satisfaction. For setting up an event:
Continuous Collaboration: Agile promotes constant communication and collaboration among team members, fostering a dynamic and responsive work environment.
For MTD, considering the nature of event management, a blend of both approaches could be beneficial:
Hybrid Approach: Incorporate an iterative model for detailed planning phases while embracing Agile principles during execution. This enables thorough groundwork while maintaining adaptability.
Frequent Stakeholder Involvement: Engage stakeholders regularly to gather feedback and insights, ensuring the event aligns with their expectations and can be adjusted as needed.
Continuous Improvemen: Adopt a mindset of continuous improvement. Post-event evaluations should not just focus on what went well or wrong but on how the planning and execution processes can be enhanced for future events.
If an iterative approach were employed in organizing an event as a project, the consequences would be:
-System architecture problems can arise because all the requirements are not gathered upfront.
-It is more resource-intensive than the waterfall model.
-Risk analysis requires highly qualified specialists to check the risks in our system.
-The whole process is difficult to manage.
Implications of adopting an agile approach:
-More time and commitment
-Less predictable
-Lack of necessary documentation
-Projects easily fall off track
-Greater demands on developers and clients
I would recommend the Agile approach because it ensures that development teams complete projects on time and within budget and also helps reduce risk associated with complex projects.
an unpredictable work that can come with a lot of uncertainty and to a certain extent the work can also be done by following some set down plans that allows each phase of work to be completed before moving on to the next phase. I will adopt both linear and iterative methods as both will work out depending on the issues faced.
Both method allows for delivering of project output.
It also allows for ideas testing and deep learning about user requirements.
I’ll advise that we can collaborate both method to ease our landing point and project completion.
Praise Olubanwo.
Cohort 13, Group 10.
As the project manager working with MTD I would have adopted hybrid method this so because I’ll apply the strength of iterative and that of agile thereby minimizing their weaknesses
The implications of taking an iterative approach to setting up an event as a project will be that the project manager cannot plan out various aspects of the projects but rather have certain aspects met on a set periodical basis, say every two days
Haruna Abdulazeez
cohort 13
Group 7
The implications of taking an iterative approach to setting up an event as a project will be that the project manager cannot plan out various aspects of the projects but rather have certain aspects met on a set periodical basis, say every two weeks. Another implication is that the Project sponsor will not be able to oversee each phase of the project but rather play a leadership role and be given updates in longer periods of time. Same goes for the stakeholders.
The implications of an agile approach is that the project manager, sponsor, and stakeholders can plan and envisage the tasks or eliverables from the onset until the final deployment and end phase of the project. Another implication is that the project teams will implement every aspect of the projects for a longer period until completion, unlike the agile approach which would employ mini implementation for shorter periods and ROI.
I will advise MTD to employ both agile and iterative methods in its event projects to properly harness the advantages of both approaches.
Oluwafunmike Dare
PM TEAM 5
{COHORT 13}
As a project manager working on MTD project, I will look out for the viable approach that has been adopted in previous projects, it seems to be expected risks that is often encountered during projects, I will the put into consideration hybrid approach wherever it is required at any phase.
As a project manager working with MTD. I will adopt the iterative method, given that the project is unstable and unpredictable. An iterative approach will give room for flexibility and adaptability.
Considering the uncertainties embedded in projects being executed by MTD, assuming I am a Project Manager working on one of their projects, I’d prefer to employ a hybrid approach for obvious reasons.
I believe being flexible is key to successfully delivering on such projects
Oliyide Oluwatobi
Cohort 13
Team 10
Our times are characterised by vulnerability and complexity, driven by eccentric, troublesome changes within the economy, legislative issues, innovation, environment and society.
Few associations are protected from the impacts of this instability. As a result, numerous are abandoning long- term vital arranging in yearly cycles, and instep receiving nonstop, energetic procedures.
Venture administration is changing, too. Linear approaches are not reasonable in all circumstances.
As a Project manager, I learn to be versatile and adaptable, I need to build my own toolkit of proven methods and techniques suitable for the circumstances am dealing with knowing fully how to use them to get the best result for effective output
I will apply the iterative approach cos of the following;
1. Flexibility: this allows for flexibility and adaptability during the planning and execution of the event. Changes can be incorporated based on feedback and evolving requirements.
2. Continuous Improvement: this processes will enable continuous improvement as each iteration builds upon the lessons learned from the previous ones.
3. Risk Mitigation: By addressing challenges early in the process, this approach will enable me mitigate risks and reduces the likelihood of major issues arising later.