AGILE-WATERFALL HYBRID APPROACH IN INNOVATION PROJECT MANAGEMENT

  • Lapunka, I.
  • Marek-Kolodziej, K.
  • Jagoda-Sobalak, D.
Abstract:
Practice of project management is continually changing in the contemporary business. Working with the small teams and often with the limited budgets, while facing frequent changes in the business requirements, project managers are under continuous pressure to deliver fast turnarounds. Following the demands of new trends in the business management, leaders in the R&D sector are optimizing and adopting different and new styles and strategies more effectively. Waterfall models are suitable for projects with very clear product requirements and where the requirements will not change dynamically during the course of the project completion. Currently, agile is the most popular model used in the IT industry. Customer’s interaction is the backbone of the agile methodology, and open communication with minimum documentation are the typical features of an agile environment. This paper proposes a new hybrid way of managing innovation projects, flexibly combining the traditional (TPM) and the agile (APM) methods that is particularly dedicated to the new product development (NPD). We have described the attributes of some traditional and agile methodologies that can be far and widely used in the new product development. We have also provided the challenges associated with implementation of the agile processes in NPD. The proposed hybrid method is completely flexible and adaptable to the unique characteristics of the innovation project. Also, this paper investigates what is the necessary organizational transition in the manufacturing enterprises, required before converting from the traditional to the proposed new hybrid model.
SGEM Research areas:
Year:
2017
Type of Publication:
In Proceedings
Keywords:
innovation; project; agile; waterfall; model
Volume:
17
SGEM Book title:
4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017
Book number:
5
SGEM Series:
International Multidisciplinary Scientific Conference on Social Sciences and Arts-SGEM
Pages:
41-48
Publisher address:
51 Alexander Malinov blvd, Sofia, 1712, Bulgaria
SGEM supporters:
Bulgarian Acad Sci; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Slovak Acad Sci; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; World Acad Sci; European Acad Sci, Arts & Letters; Ac
Period:
24 - 30 August 2017
ISBN:
978-619-7408-17-1
ISSN:
2367-5659
Conference:
4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017, 24 - 30 August 2017
DOI:
10.5593/sgemsocial2017/15/S05.006
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