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Modern Project Management: Why There Was A Need For Modern Trade Management ?

Modern project management leverages automated tools to help plan, execute, and organize work in a fast-paced environment. Agile project management is a more modern approach that values flexibility, breaking large projects into smaller cycles, and close teamwork and client engagement. Traditional project management takes a more linear approach and is better suited to smaller, less complex projects, while modern approaches can help make work transparent and reduce complexity on complex projects. The POLC model categorizes principles of management into planning, organizing, leading, controlling. Key differences are that modern approaches emphasize teamwork over individual tasks, accept continuous feedback, and measure success through quality deliverables rather than quantity. Popular modern techniques include Kanban, Scrum, and Extreme Programming.

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akriti bawa
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162 views

Modern Project Management: Why There Was A Need For Modern Trade Management ?

Modern project management leverages automated tools to help plan, execute, and organize work in a fast-paced environment. Agile project management is a more modern approach that values flexibility, breaking large projects into smaller cycles, and close teamwork and client engagement. Traditional project management takes a more linear approach and is better suited to smaller, less complex projects, while modern approaches can help make work transparent and reduce complexity on complex projects. The POLC model categorizes principles of management into planning, organizing, leading, controlling. Key differences are that modern approaches emphasize teamwork over individual tasks, accept continuous feedback, and measure success through quality deliverables rather than quantity. Popular modern techniques include Kanban, Scrum, and Extreme Programming.

Uploaded by

akriti bawa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Modern Project Management

Modern Project management leverages automated tools to


help plan, execute, and organize work.
Why there was a need for modern trade management ?

● More professional business are looking for one-time or


short term projects.
● It is fast paced as compared to traditional management.
● It can handle mid-project changes efficiently. 1
Agile Project Management

More modern approach to project management.


● Flexibility :- The scope of work may change according to
new requirements.
● Work breakdown :- The projects consists of small
cycles.
● Value of teamwork :- The team members work closely
together and have a clear vision.
2
Agile Project Management

● Repetitive Improvements :- There is frequent


reassessment of the work done .

● Cooperation with client :- A customer is closely


engaged in development of project.

3
Traditional Project Modern Project
Management Management

● Traditional Project
Challenge 1 ● Modern Project
Management takes a linear Management follows a
approach also referred as non-linear process and
Waterfall approach. Less focus more on the
flexibility. teamwork, collaboration
and flexibility.
● Can’t manage complex ● Best choice to make work
projects. Better for small transparent to reduce
projects or less complex. complexity.
4
Traditional Project Modern Project
Management Management

● Only the project manager


Challenge 1 ● Each member of the team
holds the ownership. holds ownership and
accountability for the
project.

● Doesn’t allow any significant ● Accept continuous


changes based on feedback. feedback from the
product owner and
customers.
5
POLC Model

The principles of management have been


categorized into the four major functions of
planning, organizing, leading, and controlling
popularly known as the POLC Model

Planning Organizing Leading Controlling

6
Comparing using POLC Model
Planning
● Traditional: Consists primarily of establishing the
schedules people work, assigning individual tasks,
and adjusting for expected and unexpected time away.

● Modern: Breaking down the total work into assignable


units, estimating this work, defining the most efficient
order in which the work should be performed, and then
deploying available staff to specific work packets for
specific windows of time. 7
Organizing

● Traditional: Primarily concerned with creating a


structure and insuring the proper number of
employees for the work.

● Modern: Establish clear roles and responsibilities


needed for the success of their project.

8
Leading

● Traditional: Working in a benevolent manner with


their subordinates, helping them learn how to
accomplish assigned work.

● Modern: Create consensus within the project team,


facilitate group decisions, motivate and create a good
work environment to accomplish the work faster.

9
Controlling

● Traditional: Establishing organizational performance


goals and then determining what each individual’s
contributions should be.

● Modern: Efforts are measured based on creating


quality, not quantity. It is critical to first verify the
completion of promised deliverables. Objective criteria
for completeness and quality must be met before a
deliverable is considered “done.”
10
Tools and Techniques - Modern Project Management

Kanban - The Simplest Project management technique


● Here the work items are organized in such a way that it
flows from “Doing to Done” stage easily.
● Best thing about Kanban is
the work can be customize in
different names and priorities
suitable for industry and
project outflow needs.
11
The SCRUM Framework
● The working pattern in scrum is known as sprints
which allows the team to work on one particular
deliverable after breaking down the complete project.

● Data from one sprint is taken into consideration and


then suggestions are given for improvement of the
upcoming sprints throughout the project life cycle.

● Its best for collaborative teams working on complex


projects with multiple requirements. 12
Extreme Programming (XP)
● Extreme programing is a technique which is intended
to improve software quality and responsiveness
towards the changing customer requirements.

● Its core consist of 5 Values which are


1. Communication
2. Simplicity
3. Feedback
4. Courage
5. Respect 13
● actiTime: It is a timesheet software with reach project
management functionality. It helps to create custom
work scopes, assign tasks, set estimates and deadline
It also provides insights into task progress, resource
allocation, employee productivity and working hours.

● Jira: It is a project management software which allows


to customise project outflow, the issue type, the board
details and to track project progress. It provides 1000+
add ons extensions like scrum, kanban boards,
reports, project road maps and the integration part.
14
THANKYOU

15

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