Why You Need to Move from Traditional Project Management Methods to Agile?




Projects usually begin with a concept and as ideas come in, the documentation related to the projects begins to get populated by various types of details - the viability aspect, fund sourcing, the vision of the product, choosing the teams, etc. These dynamics play a vital role in planning a project. But there is a limit which can enormously affect the project success - the risks linked with specific project - and even though experienced PM try their best to offer plans for happening, in practice there is always a chance that you don’t have another option like a plan B or C to handle the unforeseen situation that might come over time when a project is confirmed.

Practically it’s almost impossible to plan an excellent project in which risk is not involved, they are going to be there and will arise when you least await them to do so.
Just like other PM framework or strategy, PMs and Product owners have to handle the risk mitigation to make sure that the project is successful.

Let's Look At The Risks Involved In Traditional Project Management


1.  Identifying The Risks



You can avoid the risk by finding out the occurrence  in the beginning; so the first step in risk management is to find out the potential risks. When a project is inspected, the senior members of the team carefully observing the documentation and try to recognize the risk areas. Based upon the analysis, they might make changes when needed in the proposed work processes and try to remove the risks before it happens. At time, if system architects are employed to work for a team, they go through the whole processes and present important pitfalls before the team so risks are dealt properly. This applies same in the case of companies following traditional PM methodology which might not have an in- built plan to handle the risk mitigation.


Agile doesn’t have any supply for finding the risks. When a project is imagined in Agile, the product vision is explained by the project owner, who can be compared to a Project Management in traditional management systems.  The product owner is highly responsible for the project outcome. They must try to spot the risks by going through the project. The Product owner might take the help of other teammates, if it is decided at that time. Its essential to know that even when Agile doesn’t support any activity directly for spotting the risks, its working process is more than enough in identifying risks at any project development stage.

2. Analysis




After detecting the risks and analyzing them can be hard or easy depending on the complexity and nature. The risks can be any type - development linked, conceptual, operation, and also due to tech used to develop a project. Also PMs, decision makers, stakeholders, subject matter experts must take part in technical meetings to get a clear view into the main cause of the risk and how it must be ideally handled. One of the most important subject to consider is risk analysis. Businesses might have to hire someone who is well versed in the subject to analyze project - related risks if the project is large or complex in nature.


The risks in Agile are analyzed when the team becomes conscious. The biggest benefit is that the whole team collaborated and works hard to mitigate risks, rather than an individual person, or a group of senior mates. Agile teams are self - managing and self - organizing. Also, teams are cross - functional that is a single teammate is capable of handling one or more activities.



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