A.The agile approach to project management has become more and more popular in recent years. The agile
Question:
A.The agile approach to project management has become more and more popular in recent years. The agile framework is different from the traditional waterfall model. It has a considerable impact on how projects are planned and executed.
Imagine that you have been assigned as a project manager to manage your company's e-commerce website where customers can browse the company's products, place orders, and interact with the company's customer service representatives. Your project must be completed in three months and you have twelve people on the team. There are three offshore developers in Ireland and two QA testers in Dallas, TX. The rest of the project team and the product owner are in San Diego, CA.
- Compare Agile and Waterfall models of managing a project in the context of building an e-commerce website. Include diagrams or tables through the use of graphical tools in Microsoft Word or Visio, or an open-source alternative such as Dia, to show the differences and similarities. Note: The graphically depicted solution is not included in the required page length.
- Evaluate the pros and cons of Agile and Waterfall project management in terms of planning and the execution of projects and collaboration among project team members.
- Determine whether you would use an Agile or Waterfall model to manage the project for your company. Support your rationale.
- Identify and analyze the major pitfalls and misconceptions inherited in your chosen approach. Propose key actions that you, as a project manager, could take in order to mitigate the risks associated with the previously identified misconceptions.
Foundations of Finance
ISBN: 978-0134084015
9th edition
Authors: Arthur J. Keown, John H. Martin, J. William Petty