A total of 48% of projects are not completed within the planned time, 43% go over their original budget and then 31% of projects don’t meet the original objectives and business intent. This doesn’t sound extremely optimistic. It is clear that modern project managers are battling to find the path to success as well as why more and more of them turn to agile project management and its core principles.
Agile project management is great for projects with a number of different variables, or with end results which are difficult to identify from the beginning. This strategy recognises that things are likely to change, and sometimes having one fully built plan from the beginning isn’t feasible. Rather, you’ll plan each phase of the project as you go and will also have a better understanding of its goals as well as needs.
By applying these principles to your work, you are able to organise a project but also leave room for later developments. Planning these points to re-evaluate can save you the time and frustration that would be spent reworking your project plan every time a change came up down the road.
What Is Agile Project Management?
The term ‘agile project management’ is an iterative approach to software development projects. It ensures feedback may be acted on quickly and that responsive changes can also be made at each stage of a sprint or – alternatively – product cycle.
This gives project teams the chance to adopt agile project management methodologies in order to work swiftly and collaboratively within the timeframe – as well as budget – of a project. Agile project management covers several different agile project management methodologies, all of which draw on some shared agile principles and core values.
