Contrary to the traditional Waterfall Model, the future of project management is becoming more Agile. In fact, approximately 71% of businesses reported to occasionally or always use Agile approaches. Why? Because Agile projects have a bigger success rate, 28% to be precise, than dated project management styles.
So, what exactly is the Agile project management philosophy? Although this method is derived from agile software development, when applied as a corporate strategy, it represents an iterative management tactic for planning and navigating projects.
In other words, any type of project is divided into small sections that allow real-time team assessments, and therefore lead to smarter decisions when it comes to determining the next best step. So, let’s see what are the benefits of going Agile and how can it support the growth of your organization.
Productivity Boost
Since Agile management focuses on team collaboration, team members become an efficient unit able to prevent potential project risks. Instead of reviewing the project operations in a few months, employees and their supervisors have an immediate insight into project development. This opens a door to a rapid exchange of feedback, improved team collaboration, and an overall productivity boost due to the better and faster completion of projects.
Product Quality
Empowered by Agile knowledge and flexibility, this proactive approach prevents potential product problems while defining the requirements for assuring better quality. Agile project management works on delivering relevant products that will reach target consumers. By embracing this technology and the power of automated tools, your team will be able to efficiently perform the necessary tests in the evening, correct bugs first-thing in the morning, integrate, and document the whole process.
Scalability and Time
What are common issues for businesses on the verge of expansion? Usually, it’s how to find the time and budget to go forward with planned projects. And the universal risk is always whether or not will this investment pay off in the long-run. But, according to the Agile philosophy, the more your company is expanding, the more you need this system.
What is the catch? There is none, as Agile project management’s main advantage is in project scalability. Given that the Agile approach can be used for multiple operations within a team, it can also be applied across multiple departments for improved productivity analytics. Meaning, not only can you efficiently calculate Agile costs, but you can also make better employee assessments and assign tasks to the right people for the project.
Customer Satisfaction
As Gregory Ciotti once said: “A satisfied customer is one who will continue to buy from you, seldom shop around, refer other customers and in general be a superstar advocate for your business.” Considering that customer experience will become a key brand differentiator by 2020, it’s best to start engaging customers as early as possible.
This is yet another perk of the Agile methodology because it can help you increase customer satisfaction. With high visibility and flexibility, you can keep shoppers engaged throughout the entire project cycle. Your clients can get demonstrations and introductions early on and your team can deliver products to the market on time.
Conclusion
It’s quite obvious why Agile project management makes corporations all excited. It can efficiently improve tasks and complete overall project processes with more accuracy and in less time. Plus, with better collaboration among departments, the business becomes an unstoppable market entity. Since the Agile approach can work well with other methodologies, project management is a win-win situation for busy and determined entrepreneurs.
