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.
As a project manager collaborating with MTD
I will Combine both Linear and Iterative method considering the advantages which include
* Accountability and transparency
* Assurance to sponsors and stakeholders
* Better in stakeholders engagement
* Increased project output.
Considering the difficulties and problems that MTD encounters in their projects, what insights have you gained this week that could offer assistance? The insight have gained this is week is that as a project Manager one must be quick in his thinking and must be always ready to adapt to change and improvise as some project will not go as expected especially a project that is not predictable.
If an iterative approach were employed in organizing an event as a project, what would be the consequences? The major consequence for iterative approach for me is that the project could be end without been finished putting all managers effort to waste, another is that the risk is very high and the outcome is not predictable.
The approach i will advice company depend on the condition of the events, if is predictable or unpredictable event,
As a project manager, i’ll weigh the benefits and implications of different approaches.
I’ll consider using a linear approach, if;
The project’s scope probably won’t change. We can guess how long it will take and how much it will cost. We know what we want to achieve and what results to expect. Skilled people are ready to work on it. Everyone involved likes to plan and follow a clear process.
But, if the surroundings, business plan, and project plan might change. We need feedback from users or customers to check business ideas and make decisions. It’s more vital to deliver quickly than to have a perfect product. The project team has to learn new skills to make something new or inventive. Finishing the work matters more to sponsors and the organization than having plans and reports. I’ll use an iterative approach
Also, we might have to adopt an agile approach where we would prioritize flexibility, collaboration, and responsiveness to change. This could result in faster adaptation to evolving requirements but might require a high level of communication and coordination among team members.
In the end, which one we pick depends on what the event is like, how much we’re unsure about it, and how well the team knows each way. Adjusting the method to match the situation and what the team can do is really important for doing well.
From the Volatility and uncertainty through the VUCA approaches. This approaches provides a smooth landing in the various projects and circumstances posed through them.
Considering the challenges and issues faced as a project manager working with MTD events company, I will start with the linear approach where we prepare in advance by definition of the project and then deployment , then moved to iterative approach when the project become unpredictable.
Implications of taking an iterative approach in setting up an event are: Flexibility event planning, improved risk management, enhanced stakeholders engagement, facilitate more effective resource allocation, enhanced team collaboration; encouraging cross functional teamwork and communication, enable the team to refine the event concept, content and experience leading to a higher quality event.
Implications of an agile approach;Increased adaptability, Improved collaboration, Enhanced customer satisfaction, Reduces risk and uncertainty, Increased efficiency and productivity, Encourages continuous learning and improvement.
If asked to advise the MTD events company, my advice would be: Foster a culture of collaboration,continuous improvement and adaptability,monitor progress and adjust course,leverage technology and tools, encourage team members to share knowledge, learn from failure and refine processes, encourage collaboration among team members with diverse skills set and expertise.
As a project manager collaborating with MTD
Combining Linear and Iterative Project have many advantages including
* Increasing accountability
* Increasing visibility and transparency
* Providing assurance to sponsors and stakeholders
* Improving stakeholders engagement
* Accelerating delivery of project output.
Benefit of Agile Approach
Agile help to discover best features to use on the website
It gives daily information, transparency and speed in detailed specifications.
Characteristics of Agile Approach
Feedback from users and stakeholders
Build right solutions to right people
Linear Project Cycle
It’s important that project have a controlled start, middle and end. The structured project lifecycle plays a significant part in making this happen. The lifecycle is a management tool that determines how resources are allocated and the activity of the project team.
A typical linear Project lifecycle may look like this:
Concept
Definition
Deployment
Transition
The linear approach is an efficient way to deliver project in a stable environment when you;
Have good information about the required outputs
Can be sure you understand what users and stakeholders need and want
Have expertise in the domain
Iterative project do not begin with detailed specifications, project plans and schedule; they may start with just an idea, hypothesis or vision. A single iteration involves specifying, designing, coding and testing all at once.
If I were a project manager using MTD, I would combine the two approaches because there are factors that are needed to execute an event, such as finance, which may not always be available due to fluctuating prices in the market. Therefore, it is important to plan ahead and regularly review these plans to make sure that any given project is carried out effectively, quickly, and affordably, which will benefit all parties involved.
OR
An iterative approach typically takes longer, demands a high degree of commitment, and calls for fast strategy changes and job prioritization. Occasionally, it may be necessary to postpone certain project components in order to focus on those that are most crucial and will provide the greatest results.
On large projects, the capacity to recognize and act upon changes promptly is essential and has the power to make or break the project.
Depending on what’s most urgent at the moment, I would suggest combining several techniques to MTD.
If I were a project manager with MTD, I would use a mixture of both approaches because factors required for executing an event eg finance could be insufficient as prices vary from time to time in a volatile economy and so it is necessary to plan as well as review such plans as often as possible to ensure that any given project is executed efficiently in the shortest possible time at the least possible cost, which will be a win-win situation for the project manager and the various stakeholders involved.
It’s obvious project manager face quiet alot of challenges and I’ve learnt you can approach those challenges either in the linear or iterative method.
However, iterative approach also known as agile will help team get feedback each time to make sure that the team are building the right solutions for the right people. Iterative approach will help to focus on what is the main priority and this would hasten the work of an organization. This approach definition have alot of implications positively when used in an organization, however if a member of an organization is not up to the task or lazy, this approach might not be helpful because the project won’t progress as it ought to.
In otherwords, any method can be used to approach a project in an organizer. However, approaching a project in an iterative method gives speed delivery and at the end gives perfect project done which will definitely earn the support of sponsors and even their trust.