Transforming Project Management: An Essential Paradigm for Turning Your Strategic Planning into Action

CHAPTER SEVEN

Agile

Awesome? Or an Excuse to Keep People Employed?

The traditional project management methodology has morphed many times over the years with the present method referred to as PMBOK (Product Management Body of Knowledge). This methodology begins with initiating where the project manager is selected and the project is authorized by the organization. The initiation stage is completed after the project manager meets with the sponsor to generate basic information about the project in a project charter form.

When the project charter is formally approved, the planning stage begins. In this stage, the work is broken down into the WBS (work breakdown structure), times and costs are estimated, risk is examined, and all tasks necessary ...