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Understanding Agile Project Management and Its Importance

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Defining Agile Project Management

This process promotes one major idea, embracing change at all stages of project management. It focuses on providing features that promote the most value to a business first. After this, it communicates real-time information. With this, the project manager can manage time, cost, and project scope strictly.

  • Scrum Master — This individual handles the task of guiding the project team. They are also responsible for getting rid of impediments and prioritizing different project tasks.
  • Team Member — These individuals are responsible for carrying out different task assignments. They are also in charge of quality control, daily reports, and detailed management of the project.

Importance of Agile Project Management

One of the most important aspects of business today is customer satisfaction. Agile project management has made achieving this far easier because of simplicity and flexibility. Now, project managers, through this methodology can adopt several techniques to complete projects. Let’s look at why project managers regard this method of project management so highly.

1. Speeds up delivery of products to the market

Customers are not as patient as they used to be. Not even with the level of competition experienced in the market these days. You don’t have too long to prepare your products and deliver them to the market. Wasting time is tantamount to losing your customers to competitors that can deliver faster.

2. Improves risk management

The project management cycle is full of risks. Under traditional project management, it may be difficult to identify these risks quickly before they affect the project. Since agile management focuses on incremental releases, it is able to bring such risks to bear during product development faster.

3. Allows project managers to respond quickly to industry changes

It is quite difficult for project managers to respond to any changes or incorporate them under traditional project management. Because of this, achieving optimal customer satisfaction is almost impossible. However, project managers don’t have to spend extra time implementing such changes under agile management.

4. Improves teamwork and collaboration on projects

The traditional project management method has a very long development cycle. Asides from the long communication chain mentioned above, it also means an extended product release period. This is no longer applicable in the ever-evolving market these days.

5. Boosts flexibility

This is one advantage of agile management over traditional project management that is undeniable. No wonder many project managers prefer this method. Under traditional management, to prevent projects from diving into infinity, there must be an initial specification process. The result of this is less spontaneity and reduced innovation since it curbs adopting changes during project development.

  1. Quicker project turnaround time.
  2. Increased project success rate.
  3. Better control of the overall development process.
  4. Better focus on customer needs.

Conclusion

With the reasons above, you can see why agile project management is becoming the order of the day. Adopting this method helps project managers become more efficient at product delivery. What other reasons do you know? Share them with us in the comments section.

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