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EMP5120: Product Development and Management

Copyright 2020 Colin Moden EMP5120 1


Faculty of Engineering

Choosing your
Project Management
Methodology

Copyright 2020 Colin Moden EMP5120


Project Management Methodologies
• Traditional (waterfall), Sequential, CPM
• Agile Family
• PMI/PMBOK “Method”
• Change Management Methodologies
• Process-based Methodologies

Copyright 2020 Colin Moden https://www.wrike.com/project-management-guide/methodologies/ EMP5120 3


Considerations when Selecting a Project Methodology
• Project Definition
• Project Organization &
Staffing
• Project Management and
Task/Phase Leadership
• Problem Solving, Testing
and Prototyping
• Snr Management Review &
Control
• Real Time Corrections

Copyright 2020 Colin Moden EMP5120 4


When to Use Waterfall and When to Use Agile

Agile Waterfall

Ability to respond
Defined Releases
to change

Focus on delivering
Well defined spec.
value

Frequent customer Don’t anticipate


validation changes in scope

Copyright 2020 Colin Moden EMP5120 5


When to Use Waterfall and When to Use Agile
You should use Agile if: You should use Waterfall if:
• The final product isn’t clearly defined • You don’t expect changes in scope and
you’re working with fixed-price
• The clients/stakeholders need the contracts
ability to modify the scope
• The project is very simple or you’ve
• You anticipate any kind of changes done it many times before
during the project • Requirements are very well known and
• Rapid deployment is the goal fixed
• Customers know exactly what they
want in advance
• You’re working with orderly and
predictable projects

Copyright 2020 Colin Moden EMP5120 6


One Size Does not fit All!
• Many Methodologies
• Many Techniques/tools/practices
• Many implementations
• Which ever one is chosen it is
imperative that its adoption is
institutionalized –well communicated
and well understood

Revolutionizing product development Quantum Leaps in speed efficiency and quality: Steven Wheelwright and Kim Clark: ISBN: 0-
Copyright 2020 Colin Moden
02-905515-6 EMP5120 7
Optional Presentation
• Have you been involved in both Agile &
Waterfall Projects?
• Or maybe some other project
management process?
• Which do you prefer?
• Why?

Copyright 2020 Colin Moden EMP5120 8


EMP5120: Product Development and Management

Copyright 2020 Colin Moden EMP5120 9

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