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Management problems have been around since the beginning of time. Even in our day and age with advanced technology, our industries are still plagued with management issues. Professionals have proposed many different techniques to resolve these issues. One of newer techniques is Agile Project Management.

Agile Project Management

agile

In the past 10 years, Agile Project Management has been considered one of the most innovative and successful approach. People have claimed that Agile will deliver higher value, and quality within your budget or constraints. Agile has become mainstream in the IT sector with as high as 84% of IT companies practicing agile methodologies and over 5,000 PMI certified practitioners, making it the fastest growing PMI certification.

Broadly defined, Agile Project Management is an iterative process that focuses on customer value first, team interaction over tasks, and adapting to current business reality rather than following a prescriptive plan. Agile is an alternative to traditional methodologies such as the waterfall approach. The Agile approach minimizes the need of expertise. In comparing methodologies, the Standish group found that Agile had a success rate 28% higher than the traditional waterfall approach. The success rate of all agile projects were 42%.

Agile Problems

Agile Managements assumes the following:

agile_methodology_overview

  • No one can see the outcome of a project
  • Experts can’t see into the future
  • End deliverables of a project cannot be defined
  • Separating a project into increments will minimize risk
  • More communication is better

The greatest concerns of those adopting agile include:

  1. Lack of Upfront Planning
  2. Loss of management control.
  3. Management opposition.
  4. Lack of documentation.
  5. Deficient in predictability.
  6. Absence of engineering discipline.

Solution to Agile Problems: Best Value Approach (BVA)

BVA is different from any other approach. It requires a complete paradigm shift to understand and implement the approach. The essence of the entire approach is to find an expert, utilize his expertise to make a plan, and execute the plan with clear documentation.

Best Value Approach assumes the following:

  • Experts can see projects from the beginning to the end.
  • Experts can see into the future
  • The end product should be defined in metrics
  • Communication should be minimized
  • Experts can minimize risk by using simple metrics, a detailed plan, and tracking the plan

PIPS ProcessSee more information on Best Value Approach>>

The BVA Results

The BV PIPS has been utilized in the United States [31 different states] and five other countries. PIPS has been utilized by Performance Based Studies Research Group at Arizona State University over 1,800 times, procuring over $6B of services [construction, professional engineering, medical and IT services]. When BV PIPS has been implemented correctly, the following are measured results:

  1. A client/user operator of PIPS can minimize their transactions by up to 90%.
  2. Vendors can maximize their profit by up to 100%.
  3. Performance (no vendor generated cost or time deviations, and high customer satisfaction) is maintained at 98%.
  4. Lower project costs and higher value.
  5. Higher salaries for technical expertise.

Conclusion

Agile Project Management is a popular approach that does not utilize expertise. As a result, the approach has a 42% success rate. There are many problems with the approach that make it unpredictable and risky. The solution to the inherit flaws of Agile Project Management come from the Best Value Approach. The Best Value Approach centers on utilizing expertise to create a plan that clearly defines deliverables. In this approach there is predictability, a defined end product, and transparency. Due to the fact that Best Value Approach resolves all the issues in Agile, the success rate in Best Value Approach is 98%. Professionals all over the world are now adopting the BVA to deliver services. The Best Value Approach is the Approach of the future!

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Best Value Conference Preview: Flaws of Agile Project Management
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2 thoughts on “Best Value Conference Preview: Flaws of Agile Project Management

  • December 7, 2016 at 4:47 am
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    Thank you for your clear point of view in Agile as related to Best Value Approach. There are some remarks I would like to add to your video if you allow me to.

    First, the International Project Management Association is focusing on expertise as much as Best Value Approach does: by defining a competence baseline, IPMA sets a world class standard on knowledge, experience and expertise for project management. An IPMA project manager is an expert in the field of project management;

    Second, IPMA does not promote Agile; IPMA is competence based and is independent of any methodology of project management or methodology of development.

    In fact, IPMA in the Netherlands is actively promoting Best Value as an effective and efficient way of running projects.

    Kind regards,
    Fred Bons (president IPMA Netherlands)

    Reply
  • December 7, 2016 at 10:51 am
    Permalink

    I strongly agree. In fact agile approach has been created by the construction industry first in 70’s, but has received a lukewarm treatment because of conflicts it has created by concurrent engineering, encouraged by owners to push their products into the market before their competitors do

    Reply

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