5S is a guideline structure for organizing the workplace so that work can be performed safely and effectively. It focuses on putting everything in the right places and maintaining a...
Professional project management consulting is a must-have service for many businesses today. I know it from my own experience. Last year, our company suddenly found that their ongoing projects brought no more expected return. In truth, our projects were not cost-effective – too many resources invested but no desired results received. We wasted our time trying to understand what’s wrong. Then we formed a small research group inside the company and delegated them the analysis of current situation. No luck, weak results were achieved. What we didn’t but should do is to take a deep breath and view our management approach from another, outside perspective. A professional project management consultancy helped us.
Organizations develop their business strategies along with their project management. Some companies accelerate strategic development by employing the predictive project management approach, trying to overlook and deliver the desired result. Other organizations prefer keeping their strategies adaptive to changes by using incremental project delivery. Each business should decide for itself which approach to employ. In this article I talk about how the types of business strategy are developed by predictive and adaptive project management.
The philosophy of Lean project management teaches us to operate more efficiently by eliminating any defects and waste in products, services, inventory, processing, transportation etc. This philosophy becomes central for Agile software development and Six Sigma process improvement. The principles of Lean thinking and Kaizen management are indispensable for successful Six Sigma implementation. When combined with the DMAIC cycle, Lean-Kaizen contributes to easier identification and quicker resolution of project quality issues. In order to succeed at the largest scale, software development teams combine Agile incremental delivery with Lean-thinking project management.
The question ‘What is better – Agile or Waterfall?’ remains open, even regardless that both approaches are well defined and their best practices are explored and proven for given business environments. Because different companies have different values, every organization needs to decide on either a traditional, step-by-step project management approach or an iterative-based, highly-adaptive method for planning and managing the business objectives. But is there another option, except for considering Agile vs Waterfall approach? Apparently, there is. Custom project management (PM) provides a framework that combines traditional PM methods with adaptive, iteration-driven practices. Today many businesses begin to customize the way they plan and do their business projects to tailor their PM approach to their business needs.