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.
Applying the VUCA framework approach will be my first step as someone with MTD.
Have it at the back of my mind that no two projects are the same, I’ll identify the problems with the project at hand and apply agility and iterations approach solve it.
THADDEUS ASOTIE|COHORT9|TEAM 10|
As a Project Manager collaborating with MTD, an event company: The insights gained that could offer assistance with difficulties and problems encountered include:
I. The holistic understanding and application of the VUCA framework.
II. Unpacking decision-making using the Volatility, Uncertainty, Complex, and Ambiguity dimensions as adapted from Bennet & Lemoine,2014.
III. An understanding of the Linear and Iterative approach in Project management.
If an iterative approach were employed in organizing an event as a project,the consequences & implications would include:
1. Appropriate Feedback from end users.
II. Continuous value delivery with each iteration rather than only at the end of the project.
III. Ideas are always brainstormed on and tested.
IV. The viability of the Project is also known
V. Outputs are at regular intervals.
MY RECOMMENDATIONS TO MTD EVENT COMPANY.
I. Employ the use of Agile & Iterative practices for project executions/planning.
II. Always plan to mitigate the challenges posed by”VUCA”.
There would be need to communicate with the stakeholders and have a robust and holistic approach in evaluating the critical situations and thinking outside the box to solve identified challenges.
If Iterative approach is to be used, consequences may that it may be unsuitable if the project is big, modification may happened to the project which may affect the initial plan, it requires more capital and resources.
The implication of adopting agile approach it would require more period, more demand is placed on those executing the plans, it is not predictable, necessary documentation may not be done/
I would suggest iterative approach.
Cohorta 9 team 1
As an MTD PM, My most suitable approach will be First, identify the problem and challenges, and then apply the VUCA framework tools so as to come up with a suitable response to the problems already identified.
Advice for the Company:
Embrace Iterative and Agile Practices: Encourage the use of iterative and agile approaches in event project management to increase flexibility, reduce risk, and enhance stakeholder satisfaction.
Agile emphasizes close collaboration among team members and stakeholders, promoting transparency and effective communication throughout the project.
Prioritize Customer Satisfaction: Place a major standard on meeting customer needs and incorporate their feedback throughout the project lifecycle to ensure a successful and satisfying event experience.
Nice write up Praise, your Team Lead
Akinyande olabambo Cohort 9 Team 2
I have learned that both approach; Linear and iterative are unique and can be combine but alas VUCA determine the best approach to use in coordinating project work and project outcomes.
If iterative approach were employed in organising the event, the consequences will be incredible because the approach will enable the MTD, me and other team members work as a team on the project. We will prioritize the activities(what, when, how and who) before, during the even and after the event and allocate resources get feedback on each step all t
Get feedback all the way. This, we’ll be able to bring the right solution to each stage of the event thereby bringing transparency, collaboration, and speed.
I will recommend an iterative approach for this project
As a project manager, one needs to consider VUCA. Its goes a long way to determine the direction of a project and the method or approach to apply.
For me, i would advise the use of both approach because both have their advantages and come in handy.
Every organization have its pros and cons but as a project manager, it is your responsibility to put things in right perspective. Both approach; Linear and iterative are unique and can be combine but alas VUCA determine the appropriate approach to use in achieving project end goal or result.
As a project manager for MTD, the best approach to the project is Hybrid which mean the combination of waterfall and agile as tools. When the mix technique is applied solutions will be proffered to the project.
As a PM working for MTD, the best approach I would use is the Iterative/Agile approach. This method had an amazing benefits which helps the project to be completed as early as possible with minimal risk factors which can be averted immediately.
The iterative process is the practice of building, refining, and improving a project, product, or initiative. Teams that use the iterative development process create, test, and revise until they’re satisfied with the end result. You can think of an iterative process as a trial-and-error methodology that brings your project closer to its end goal.
Iterative processes are a fundamental part of lean methodologies and Agile project management—but these processes can be implemented by any team, not just Agile ones. During the iterative process, you will continually improve your design, product, or project until you and your team are satisfied with the final project deliverable
Agile project management is an iterative approach to managing projects that focuses on continuous value delivery and incorporating customer feedback with every iteration.
Agile project management involves breaking down projects into smaller, iterative phases and continuously reassessing and adapting plans based on feedback and changing requirements. The goal is to deliver high-quality products or services quickly and efficiently while remaining responsive to customer needs and market trends.
There is also the common misconception that Agile is a methodology. Instead, Agile is a way of thinking for collaborative problem-solving and an approach people apply to modern-day project management.
As a PM of MTD i will suggest they employ the iterative approach in planning their events .
Thanks
As a project manager at MTD I will adopt both approach using the VUCA framework
The best approach to use in MTD is Hybrid. It allows for flexibility based on the problem that may arise during project. With a combination of both linear and iterative approach, volatility, uncertainty, complexity and ambiguity is well taken care of.
Implications of taking iteration approach , there will be no detailed specification on project, no plans and schedule of project
If I will advise the company I tell them to use Agile approach because is more reliable
As a PM working for MTD, I must study the environment before embarking on any project.
I must also learn to be adaptive and flexible in the approaches and not be rigid.
Also, master the different approaches and know what works for me.
I will also ensure I build my toolkit of project lifecycles and related practices and techniques.
I will also apply the VUCA framework and be open to combining iterative and linear lifecycles depending on the level of the project and the feedback from the sponsors, stakeholders, and team members on the project as well as consumers
I wil first of all knows the tools available and the environment.
I am going to use the iterative approach because:
It is flexible and encourages periodic planning and instant in tracking by making available all the phases for use
The implications of agile approach are;
The iterative process allows for continuous improvement at every stage. It also allows companies to build on existing products and create deliverables that match customer needs. Collaboration: The iterative process allows stakeholders and team members to collaborate and communicate ideas