Jim Highsmith

"The newest trend in software project management is building on the foundation of agile software development's emphasis on speed, flexibility, quality, and improving working environments. Especially in the realm of building innovative products (higher risk and higher uncertainty projects), agile project management focuses on an Envision-Explore rather than a Plan-Do mentality. This exploration (or experimentation-biased) approach to building innovative products is sweeping fields as diverse as drug, automobile, software, and integrated chip development. When the cost of experimentation plunges (low-cost change), the focus of project management must also change.

"This new project management model focuses on quick starts, iterative exploration, delivering customer value, low-cost change, frequent feedback, and intense collaboration. It excels on projects with high "exploration factors," those projects in which: new, risky technologies are incorporated; requirements are volatile and evolve; time-to-market is critical; and high quality must be maintained.

For organizations who want to innovate--whether it is for new products or new internal business initiatives, this trend towards agility in both software development and project management cannot be ignored."


   

Scott Ambler
"Effective project management is clearly a key success factor for IT projects. It is critical to remember that project management is primarily about interacting with people and collaborating with them effectively, it is less about developing detailed plans or comprehensive documents. Successful project managers find a way to mix their "PMI skills" with agile philosophies and techniques."
   

Doug DeCarlo
"The world of projects has changed, but project management hasn’t kept up. Traditional or waterfall project management works well under conditions of low speed, low change and high predictability. How many projects do you work on that fit that description?

The perennial need for competitive advantage and new sources of profit continue to force organizations to innovate or evaporate. Fueled by new and affordable technologies, both public and private enterprises are implementing high-stakes, high-speed projects. Innovation and time-to-market have become bedfellows, giving birth to a new breed of projects: those that are ultra-demanding. These extreme projects are characterized by high tech, high speed, high change, high complexity, high unpredictability and high stress. And they live under turbulent business conditions. On top of all this, extreme projects are organizationally complex: they typically cut across multiple departments making them politically sensitive.

Extreme project management is change tolerant and customer focused. Extreme project management requires a new worldview … one I refer to as the Quantum Mindset. This is in stark contrast to the Newtonian or traditional project management mindset that believes stability should be the norm. In the Newtonian, mechanistic world, we believe the plan is a prediction. The motto is ready, ready, aim, aim, fire. In the Quantum world we believe that change is the norm and plans change weekly, if not daily. We plan, deplan and replan. In extreme project management, we fire the gun and then redirect the bullet. It’s a different world."
   

Satyendra Kumar
“As Indian companies grow and compete for a bigger global pie, Project Management approaches will need to be significantly strengthened as these are bound to play a dominant role in ensuring customized and effective deliveries leading to long term relationships."
   
   
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