project management strategy
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The document discusses different project management methodologies, comparing the Waterfall and Agile approaches regarding design, implementation, and testing. It highlights advantages and disadvantages of both methods, emphasizing the importance of risk management and proactive measures in project success. Additionally, it touches on the significance of clear communication, documentation, and stakeholder involvement in managing project risks.
project management strategy
- 1. Build in time to experiment–and fail ChandraShekhar Patel CSE 5th SEM 2018/19
- 2. Maintenance Requirements Design Implementation Testing Deployment WATERFALL Advantages 1. Easy of use 2. Structure 3. Documentation Disadvantages 2. Higher risk 3. Front-heavy Best for - Short, simple projects - Projects with clear and fixed requirements
- 3. AGILE Plan Evaluate Design Implement Develop Advantages • Flexibility and freedom • Lower risk Disadvantages • No fixed plan • Collaboration-heavy Best for: •general idea of a product. •quick changes. •planning isn't
- 6. 6 1.Lack of communication 2.Incorrect documentation 3. Software complexity 8. Lack of resources 5. Frequent changes in requirements 6. Poor project management 7. Time pressure 4. Programming errors Software Fail
- 7. 7 1 Core 2 Activities 3 Responses 4 Proactive 5 Prioritizing Identifying, Analysing, and responding to risk events Integration of risk management activities into your other project management functions Faith in religion and universal power is found in the life of the villages. Project risk management is PROACTIVEtask-based lists Do the hardest thing first Focus What is risk management?
- 8. I N C R E A S I N G R I S K V A L U E Concept Phase Close PhaseImplement Phase Development Phase OPPORTUNITY AND RISK AMOUNT AT STAKE PERIOD WHEN HIGHEST RISKS ARE INCURRED PERIOD OF HIGHEST RISK IMPACT Project Lifecycle : Risk vs. Amount at Stake
- 9. 9 • Methodology • Roles and responsibilities • Budgeting • Timing • Risk categories • Definitions of risk probability and impact • Probability and impact matrix • Stakeholder’s tolerances • Reports • Tracking Components of the Risk Management Plan
- 10. 10 PROJECT RBS TECHNICAL EXTERNAL ORGANIZATIONAL PROJECT MANAGEMENT REQUIREMENTS TECHNOLOGY COMPLEXITY & INTERFACES PERFORMANCES & RELIABILITY QUALITY SUBCONTRACTORS & SUPPLIERS REGULATORY MARKET CUSTOMER WEATHER PROJECT DEPENDENCIES RESOURCES FUNDING PRIORITIZATION ESTIMATING PLANNING CONTROLLING COMMUNICATIONS Project Risk Management
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- 12. Thank