How Successful Companies Make the Most of Their Software Project Management?
Did you know?
67% of projects fail and coequally waste 11.4% of organizational resources, as a consequence of undervaluing project management.
This clearly marks out project management as an obligation for a successful implementation of a software development process.
So, let us catch on with the ideology of project management in software development that helps elevate business.
What is Involved in Project Management for Software Development? A successful project is not only the one that gets completed within the designed timeline and specified budget. It should also fetch the expected benefits. Thus, Project Management Institute imparted the concept of the four phases of typical project management to accomplish the derived project.
However, to keep going strong it is necessary that leaders throughout the organizational hierarchies trust and observe this process of project management in software development.
Methodologies to Manage Software Development Project A method to manage a software development project is basically a set of principles, tools, and techniques used to ideate, implement, and manage your software development process.
Some of the most popular project management methods are:
1) Waterfall
The waterfall method is one traditional approach and a straightforward method for project management in software development. The phases of a project flow downwards like a waterfall. In a better way, the movement to the other phase is possible only after the previous stage is successfully completed. This approach fits well for highly structured projects with the involvement of high costs to pivot.
2) Agile
The agile method is a dynamic mode of operations to manage a project in software development. Also, it is the most widely used method too. It allows the project to be fast and flexible in comparison to the waterfall method. While implementing the method, project planning, management, and development are all adaptive and of evolving nature, if that improves the project in the desired timeline. Distinctly, the agile development process operates by breaking down projects into smaller portions of user functionality, prioritizing them, and delivering them in 2–4 cycles. This approach is highly preferred for software projects with larger chances of testing before deployment.
3) Hybrid
Quiet-a-few companies sussed that utilizing the ideologies of Agile and Waterfall shows a synergistic effect. Hence, the concept of the Hybrid method originated in project management for software development. It is to be understood that the selection of the phases in this methodology highly depends on the nature of the project. This process is well approached when the project shows the software and hardware requirement.
Key Qualities of a Successful Project Management Strategy
The main motto of any project management strategy is to unite the team to address the challenges faced during the process of software development. The strategy can well describe the needs of any software development and concoct the right objectives for a team to achieve.
Along with the technical requirements for the resources, it is required that highly effective management has the following key qualities:
💡Effective communication
It is rightly said that ‘Good communication is the bridge between confusion and clarity’. Of course, the number of communication channels is overwhelming, yet the thought exchange between resources plays a vital role. A lack of effective communication can cause a toxic effect on the overall process of software development.
As per the statistics, 56% of budgets allocated to projects are at risk only due to poor communication. And the main reasons indicating this failure tend to involve,
☹️ Deficiency of communication policy
☹️ Impassive stakeholder involvement
☹️ Insufficient mutual understanding amongst the team members
☹️ Inefficiency of the project manager to assume that the communication is already done when it’s not
When these major barriers are tamed, the prolific results of effective communication are reflected in the software development process.
💡No micromanagement
Micromanagement is indeed appalling for any development team, in a sensible notion. A project manager might definitely see the positive verge of having greater control and easier work delegation but the team member that suffers, exhibit a very negative impact on the development process. The highly seen negative impacts include,
☹️ Trust vandalization for the team
☹️ Higher deterioration rate in the working efficiency
☹️ Generation of highly dependent staff due to the loss of self-confidence
☹️ Restricted vision and growth of the firm as the team becomes deprived of having an individual foresight
Joe Apfelbaum, accurately said, Micromanage the process, not the people. When a project manager tries to micromanage, he is directly breaking the momentum of any process. Here, sensible communication again can fetch good results.
To know more about how successful companies implement software project management, read our latest post here: bit.ly/3Eqoiy3