In recent times agile has taken the world of project management & software development by blizzard. It is the reason why everybody seems to be vividly talking about this project management methodology. This complex business world is changing rapidly & that is the reason why businesses are looking for processes, approaches & methodologies which could help them to run a business without any hiccups.
While there are tens of different project management approaches, but the final choice should be made keeping the nature of the business and its requirements in mind. Considering all the methods, traditional (Waterfall) & agile methodologies are often rutted against each other.
In recent years, agile has taken the globe of project management and code development by storm. everybody appears to be talking regarding this project management methodology. The business world is dynamical apace and that’s why businesses square measure trying to find processes, approaches, and methodologies that might facilitate them run a business with none glitches.
While there square measure tens of various project management approaches, however the ultimate selection ought to be created keeping the character of the business and its necessities in mind. Out of all the strategies, ancient(Waterfall) and agile methodologies square measure typically alveolation against one another.
What is Traditional Project Management?
Traditional project management is nothing but an established methodology where projects are run in a sequential cycle. Traditional project management methodology follows a fixed sequence: initiation, planning, execution, monitoring & closure. This methodology or approach lays special emphasis on linear processes, upfront planning, documentation and prioritization. The traditional method, time and budget are variable but the requirements are fixed due to which it every so often faces budget and timeline issues. For each and every step, there are tools & techniques defined by the standard methodology PMBOK® which are strictly followed by project managers.
Fascinatingly, it also includes other methodologies such as PRINCE2 which is also followed by various organizations under UK government & some of the private companies like Vodafone, Siemens and others. This is also called the Waterfall model.
Traditional project management is a longtime methodology wherever comes square measure run in a very ordered cycle. It follows a set sequence: initiation, planning, execution, monitoring, and closure. the standard project management approach puts special stress on linear processes, documentation, direct coming up with, and prioritization. As per the standard methodology, time and budget square measure variable and necessities square measure mounted because of that it usually faces budget and timeline problems. for each step, there square measure tools and techniques outlined by the quality methodology PMBOK® that square measure followed by project managers.
Interestingly, it conjointly includes different methodologies like PRINCE2 that is followed by varied organizations beneath kingdom government and personal firms like Vodafone, Siemens et al.. it’s conjointly known as the body of water model.
Benefits of traditional methodology
- Clearly defined objectives
- Controllable processes
- Clear documentation
- More accountability
What is Agile Project Management?
Although Agile is a general approach used for software development, it relies profoundly on teamwork, time boxing tasks, collaboration & the flexibility to respond to change as rapidly as possible.
The agile manifesto has four important values:
- More focus on individuals and interactions than processes and tools
- Customer collaboration is more vital than negotiation.
- Working software is more significant than comprehensive documentation.
- The process should respond to change rather than blindly following a plan
While Agile may be a general approach used for package development, it depends heavily on cooperation, collaboration, time boxing tasks, and also the flexibility to reply to alter as quickly as potential.
The agile declaration has four vital values:
1. a lot of target people and interactions than processes and tools
2. operating package is a lot of vital than comprehensive documentation
3. client collaboration is a lot of important than negotiation
4. the method ought to reply to amendment instead of blindly following a concept
Benefits of agile project management
- Flexible prioritization
- Early and predictable delivery
- Predictable costs and schedules
- Improves quality
- More transparency
Agile shadows an iterative process where projects are divided into sprints of the shorter span. Although unlike the traditional approach, less time is spent on upfront planning and prioritization as agile is more flexible in terms of changes and developments in the specification.
Early and certain delivery
Predictable prices and schedules
Agile follows associate reiterative method wherever comes area unit divided into sprints of the shorter span. in contrast to the standard approach, less time is spent on direct coming up with and prioritization as agile is a lot of versatile in terms of changes and developments within the specification.