One of the aspects of adaptive planning is communicating project changes and issues to the stakeholders in terms of budget, planned value (PV), and earned value (EV).
Identify a project you have worked on or one you may have read about in the readings or your research.
Using the project you identified, respond to the following in a minimum of 175 words:
• Was the project you identified run in a traditional or agile methodology?
• If traditional, would it have benefited from applying agile techniques? How?
• If it was managed using agile, were PV and EV used in monitoring and communicating the status?
• Based on your newfound knowledge of agile management techniques, what would you have done differently to improve project performance for the identified project?
If this project was unsuccessful, how would the use of adaptive planning strategies have improved the project performance and value?
Application of Agile Techniques in Project Management
Application of Agile Techniques in Project Management
The project I have worked on that I will be referencing is a software development project that was managed using an agile methodology, specifically Scrum. The project involved developing a new customer relationship management (CRM) system for a client in the healthcare industry.
Agile Methodology Application
The project was managed using agile practices, allowing for iterative development, frequent stakeholder collaboration, and adaptability to changing requirements. Planned value (PV) and earned value (EV) metrics were used in monitoring and communicating the project's status to stakeholders. PV was determined based on the estimated value of features planned for each sprint, while EV was tracked by measuring the actual value delivered at the end of each sprint.
Improvements with Agile Techniques
While the agile approach proved effective in delivering incremental value to the client, there were areas where applying additional agile techniques could have further improved project performance. Incorporating more advanced forecasting techniques such as burn-up charts or cumulative flow diagrams could have provided stakeholders with a clearer picture of project progress and potential delivery timelines.
Adaptive Planning Strategies
In hindsight, the use of adaptive planning strategies, such as regular retrospective meetings to identify areas for improvement and implementing changes based on feedback, could have enhanced project performance. By continuously adapting the project plan based on stakeholder feedback, shifting priorities, and team learning, we could have addressed issues promptly, optimized resource allocation, and ensured maximum business value delivery.
In conclusion, while the agile methodology proved effective in delivering the CRM system successfully, incorporating more advanced agile techniques and adaptive planning strategies could have further enhanced project performance, improved stakeholder communication, and maximized the overall value delivered.