Business Analysis: Advantages and Disadvantages of Traditional and Agile Approach

584 Words2 Pages
bulb-icon

Recommended: Comparison of Agile/traditional methodology

Advantages and Disadvantages of Traditional and Agile Approach Traditional approaches are less complicated to implement, permitting a token quantity of resources. In these approaches, output is generated for every stage, so it's highly visibility. Permitting the client and business analyst to gets a feel that there's substantial progress. Owing to visible outputs, every section of project management is less complicated at both the internal level and client's level. Deadlines may be set for the completion of every section and analysis may be done from time to time, to visualize if the project is going as per milestones. It provides a model into those strategies of research, design, coding, testing and maintenance may be placed. This approach is most popular when quality is additionally more vital as compared to schedule or value. Disadvantages of traditional approach Real approaches come seldom following the sequent flow; and iterations in these approaches are handled indirectly. These changes will cause confusion as the project continues. It’s typically troublesome to induce t...

Show More
Related

  • Sapient Business Analysis

    1098 Words  | 3 Pages

    Sapient is a business consulting and technology Services Company based in Cambridge, Massachusetts, that was founded in 1991 to specialize in client/server application development. Sapient was one of a group of companies (along with firms such as Cambridge Technology Partners and i-Cube) that sought to differentiate themselves from traditional consultants by offering strong technical skills and application development to enable companies to get business value out of technology within fixed-fee/fixed-time contracts and by focusing solely on client's success to achieve long term goals and objectives. In the mid-1990's, Sapient recognized the potential of Internet and started to offer Internet solutions to its clients. Sapient was one of the few e-business integrators from the dot-com era that recognized offshore opportunities early on. It invested in global delivery capabilities in India starting in 2001.The Company has been through significant changes over the past five years, including significant shifts in its client base, offshore staff mix, and target contract size, but the focus on its purpose, core values, Internet enablement and related technologies is unchanged.

    Read More

  • Fcs Personal Statement

    691 Words  | 2 Pages

    Design, implement and coordinate complex projects that deliver effective business unit outcomes and meet client service delivery needs by using project management methodologies to ensure consistent quality outcomes.

    Read More

  • Business Analysis: Play It Again Sports

    1014 Words  | 3 Pages

    Businesses have to examine every part of their environment to possibly predict future outcomes and problems that the business may incur over time. There are two different types of environments to be considered, external and internal. Each of these types has several sub categories to be considered. With a business like Play It Again Sports (PIAS), they have to examine the changing environment, general environment, specific environment, and also making sense of the changing environments. PIAS will also have to examine the internal environment which is the organizational cultures. The internal environments are not as extensive as the external environments.

    Read More

  • Lean Case Study

    1218 Words  | 3 Pages

    Lean is best defined as “a systematic approach to identifying and eliminating waste (non-value added activities) through continuous improvement by flowing the product only when the customer needs it (called pull) in pursuit of perfection” (Sarkar, 2008, p. 1). Lean thinking along with Six Sigma have generated interest all industries. This can be seen by the countless studies and quality improvement efforts undertaken by many corporations, with training and building staff as certified Lean Six Sigma experts.

    Read More

  • Business Case Analysis

    2011 Words  | 5 Pages

    Spokane Industries has contracted Franklin Electronics for an 18 month product development contract. Franklin Electronics is new to using project management methodologies and has not been exposed to earned value management methodologies. Even though Franklin and Spokane have worked together in the past, they have mainly used fixed-price contracts with little to no stipulations. For this project, Spokane Industries is requiring Franklin Electronics to use formalized project management methodologies, earned value cost schedules, and schedules for reports and meetings. Since Franklin Electronics had no experience with earned value management, the cost accounting group was trained in the methodology in order to bid for the project.

    Read More

  • Project Management Essay

    1328 Words  | 3 Pages

    The project management is a skill to apply the functions correctly which measures the outcome of the project, the more the skill the nice the outcome will be. This comes through experience and having a proper knowledge of some of the functions like

    Read More

  • Leadership

    1238 Words  | 3 Pages

    Gray, Clifford F.; Larson, Erik W., Project Management – The Managerial Process, Copyright © 2001 by The McGraw-Hill Companies, Inc.

    Read More

  • Project Management Case Study

    941 Words  | 2 Pages

    In the contemporary world, there is need for organizations to manage their projects wisely. With most markets quite saturated and with increasing and improving competition from almost all angles, it is imperative how businesses conduct their projects.

    Read More

  • Operations Management Metrics

    917 Words  | 2 Pages

    Gray, C., Larson, E. (2008). Project Management: The managerial Process. New York, NY: The McGraw-Hill Companies Inc.

    Read More

  • Business Strategy Analysis

    1612 Words  | 4 Pages

    However, RLK’s competitors are downsizing and outsourcing R&D and exploiting on the cost advantages. If RLK decides to invest more money into R&D and should the new product stall on launch, they face the danger of becoming bankrupt.

    Read More

  • Business Management Case Study: Yakkatech Corp.

    1009 Words  | 3 Pages

    YakkaTech Corp. is growing IT services firm which mainly installs and upgrades enterprise software systems and related hardware. They have grown and consolidated as well as become more efficient at their business but this isn’t without growing pains. Their employees seem to lack job satisfaction and their customers feel that the employees “seem indifferent to their problems.” The company’s voluntary quit rates have risen above the industry average while management raises pay rates in the hopes that customer service quality and productivity would improve. However, customer service complaints and productivity remain low and employee moral seems to be low as well.

    Read More

  • Business Case Analysis

    1593 Words  | 4 Pages

    Leonard Prescott, vice president and general manager of Weaver-Yamazaki Pharmaceutical of Japan, believed that John Higgins, his executive assistant, was losing effectiveness in representing the U.S. parent company because of an extraordinary identification with the Japanese culture.

    Read More

  • Compare And Contrast Waterfall And Agile

    1825 Words  | 4 Pages

    When comparing and contrasting waterfall and agile, they both use the same type of building blocks for the project: scope, cost, schedule and performance. They both also analyze, design, build, test, and deploy the requirement needed for the end result. The difference in these terms for each method is that when using waterfall for scope, cost, schedule, and performance, it sets the scope up front and then allows the cost, schedule, and performance to change depending on what is needed. An agile method will set the cost, schedule, and performance upfront and then have the scope vary, depending on what the company’s requests are after a working prototype. The waterfall is an iterative method meaning the next step cannot begin until the current one is completed. Once the current step is completed, it cannot be revised in anyway unless the project is scrapped and begin again. If the waterfall method is chosen, then the project team

    Read More

  • Analysis of a Business Problem

    1356 Words  | 3 Pages

    The purpose of this paper is to briefly analyze why burrs and rough spots suddenly started to appear on quarter panel parts at an automotive company. Three out of four production lines at an automotive plant facility experienced defects of manufactured panel parts. Also, an analysis of how the panel problem is related to organizational sub-culture, organizational politics and job stress. Although there are several implications of various issues related to organizational culture, organizational politics and job stress is important because it determines how human capital within an organization will demonstrate the capacity to cope with working for the organization, thus determining the success of the organization. “To illustrate, studies have shown that job stress results from the interaction of the worker and the conditions of the workplace, i.e., the culture (Vigoda, 2002).” “Likewise, there are studies conducted that found organizational politics to have an adverse effect on psychological issues such as job stress (Ferris, Russ, & Fandt,1989).” Therefore, an organizations most valued asset is its employees.

    Read More

  • Scheduling In Project Management Essay

    1253 Words  | 3 Pages

    Although all of these project-scheduling techniques are very useful and present the entire data in a very presentable format for the project manager and other stakeholders, it is very critical that these be coupled with the other project management techniques to make it a successful

    Read More

More about Business Analysis: Advantages and Disadvantages of Traditional and Agile Approach

Open Document