Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rapidly changing market conditions, new technologies, short time-to-market cycles and many other factors of the social and business world influence how projects are managed [1].

Rapidly changing market conditions, new technologies, short time-to-market cycles and many other factors of the social and business world influence how projects are managed [1]. Different types of projects require different procedural models for successful execution. A procedural model organizes the methods and tools of project management into project phases or processes in a standardized manner. Procedural models for project management can be roughly divided into (1) plan-driven methods. which follow a classical waterfall process; and (2) agile methods (such as Scrum and Kanban), which follow an iterative, test-driven approach [2, 3, 4]. In classical project management following a "waterfall" process of planning and execution, expected results are communicated relatively clearly by the client at the beginning of the project [5, 6]. So that the project can be "worked through" in a goal- and plan-oriented manner, it is planned holistically, from kick-off to completion, with work packages, responsibilities, and deadlines. The focus is on implementing the initial plan as precisely as possible. This provides stability and structure, predictable resources, and documented planning

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Stage Management

Authors: Lawrence Stern

10th Edition

0205006132, 978-0205006137

More Books

Students also viewed these General Management questions