News Review 2: Developing New Products using Extreme Project Management Approach Upon successful completion of this assignment, students should be able to:

understand the key concepts of Extreme project management and how to justify the choice of PMLC model in either Adaptive of Extreme for new product development, respond to the uncertainties and risks inherent in managing projects in an environment of technological and global economic fluidity, understand how Extreme projects present the greatest uncertainly and complexity, resulting in high failure rates these types of projects, and identify the pros and cons of Extreme projects.

Identify a relevant project management news article on an offshore project or any mega software development project that is in the conceptual stage or preliminary development. This may include but not limited to oil rigs, platoons, space crafts, with high levels of complexities. Based on your review of this news article,

(a) indicate the resources that are assigned to the project, including personnel, equipment, and funding relating to budget and cost.

(b) What are the uncertainties and/or complexities you can identify as inherent in this project?

(c) How would you justify the choice of PMLC model for this Adaptive of Extreme new product development?

Question?

Depth of analysis of project new?

Relevance of research on project news?