Traditional and Agile Approach of Project Management

Traditional and Agile approach of project management.

Nowadays, in a fast-changing market, company should deliver the right product to market faster than ever before. That is why it is important to choose right approach of a project management.

With a traditional project management approach, revisions could lead to missed deadlines, inflated costs, and increased workloads. In a worst case, your final product is no more relevant, because market situation has changed a lot. That is why Agile process is becoming the preferred way to manage projects.

Agile project management is focused on deliverables, it continuous monitoring and improvement. High quality deliverables are a result of providing customer value, team interactions and matching to current business conditions. In software development, agile approaches are typically used to help businesses respond to unpredictability.

With agile development model need still do the same work, as with a traditional waterfall model: create requirements and designs, develop product, integrate product with other products, test the product, fix any problems, and deploy it for use. However, instead of grip all the steps for product features at once, project breaks into iterations, smaller segments of the overall project, what provide to evaluate project direction throughout the development lifecycle.

Unlike Waterfall project management, agile methodology does not follow a sequential stage-by-stage approach, when you move to the next phase only when the previous one is complete. In agile methodology, project phases are finished parallel to each other. It provides more flexibility in error detection throughout project stages.

In traditional development life cycle, team works with detailed planning and have a complete forecast of the exact tasks and features to be delivered during the product life cycle. This method depend on the requirement analysis and planning done in the beginning. Agile uses approach where there is no detailed planning and there is clarity only of what features need to be developed, so team adapts to the changing product requirements dynamically. The product is tested very frequently, through the release iterations, minimizing the risk of any major failures in future.