Why small businesses require agile project management
Posted: Aug 30, 2020
Small company managers need to juggle a lot of responsibilities, from appointing tasks and keeping track of project development to managing teams and assets. Business owners must track every single dime and ensure that the organization is working efficiently.
Faced with a complex amount of work, it's no surprise that an increasing number of small business owners are opting to utilize agile project management methods to become more efficient, competitive, and profitable.
No two organizations are the same. The project management requirements of small companies can vary substantially depending upon their teams, work culture, project-types, and existing management frameworks. Despite this, they typically share common aims such as:
- Improved teamwork
- Improved office morale
- Enhanced customer satisfaction
- Better products
New enterprises need agile project management tools that provide the above advantages as well as some fringe benefits to enable entrepreneurs to stay competitive. Agile project management software is typically more helpful than the standard tools.
For instance, standard project management tools don't often scale well to small projects and are designed to cater to large organization needs.
Typical project management is generally less versatile and often come with big costs. As such, they aren't always particularly valuable for small businesses that cannot invest a significant amount of time and resources in planning.Why agile project management?
There are several factors why organizations opt for agile project management, including:
- Better collaboration: A growing number of new organizations rely on remote teams and consultants. They bring vital skills to the team while reducing overhead costs. When large distance and changing time zones come into play, business managers need to use project management tools that everyone can get access to and employ, irrespective of their location to promote interaction and help collaboration.
- Organizing the workplace: New organizations must rely on project management methods to improve effectiveness. Project management methods can help maintain a tidy office and avoid complications like misplaced documents, inconsistent communication, and helps development teams collaborate and communicate. Without a robust project management framework in place, projects take longer to complete as developers fail to stay focused and coordinate their efforts.
- Better IT infrastructure: Business owners really need something more sophisticated than e-mail and spreadsheets to monitor their projects. Agile task management software lowers the risk of human error and oversight due to lack of understanding that often occurs when relying solely on email, or face-to-face communication when describing project goals.
Traditional project management approaches fail to address the many challenges faced by small businesses as they are typically task-driven and predictive. Agile project management methods, however, are mostly customer-oriented and adaptive. They are tailored to assist the control of jobs and projects in fast-paced, unstable, and more fluid environments.
Being an incremental and iterative process, agile task encourages continuous interaction between the project group and end-user, making them ideal for:
- Cross-functional groups: Small projects that require a focus on flexibility and adaptation rather than being fixated on following a strategy
- Swift delivery of services: Projects that require an interactive project management platform to help with the direct participation of development teams, stakeholders and end-users
Implementing an agile project management framework requires small company owners to take an iterative approach and slowly introduce the framework to employees.
To start, business owners need to be intimately acquainted with the framework. Additionally, they need to determine the preparedness of the institution. It is necessary to first pinpoint the organizational influences that can either enable or hinder the business's shift to agile project management. Some questions to ask include:
- How much their organization values versatility and innovation over stability
- The option for developers to make autonomous decisions related to projects without consulting end-users.
- The ability for developers to grasp and make use of a wide range of project management techniques.
Agile techniques are perfect for small organizations that value progress. To use such a framework, businesses need to be sure that their personnel have the capacity to make independent judgments and can operate collaboratively, as a part of the group.