When we discuss about the project management. we have four model of project management Agile, Incremental, Iterative, and Predictive. Here’s the explanation of Agile, Incremental, Iterative, and Predictive processes in project management according to PMI
Agile
- Process: Agile adopts an adaptive approach, combining iterative and incremental methods. Projects are divided into short iterations (typically 1–4 weeks), each delivering a usable product increment. Every iteration involves intensive collaboration between the team and stakeholders to ensure the product meets requirements.
- Focus: Rapid response to changes, collaboration, and delivering value quickly.
- Example Implementation: Developing a mobile application with features that evolve based on user feedback.
- Good Case: Creating product in startup and deploy to the marketplace
Incremental
- Process: The product is developed in small increments, where each increment delivers specific functional value. Each increment can be independently released and immediately provide value to users.
- Focus: Delivering results in stages.
- Example Implementation: Developing software where features like search functionality, recommendations, and playlists are developed separately.
- Good case: creating inhouse system information that will be used right away
Iterative
- Process: Development is conducted through repeated iterations to enhance the product's quality. Each iteration delivers a better version of the product based on feedback and testing.
- Focus: Continuous improvement.
- Example Implementation: Developing an AI algorithm that is refined iteratively to increase its accuracy.
- Good case: creating multiplayer video game with more than season of play.
Predictive
- Process: This approach involves full planning at the beginning of the project. All phases of the project—from planning to implementation—are designed in detail before the work begins.
- Focus: Stability and control.
- Example Implementation: Developing an ERP system with a clear and stable scope and requirements.
- Good case: creating standardized software like ERP, E-commerce and the other
These approaches are used depending on the project characteristics. PMI emphasizes selecting the most suitable approach to achieve optimal results. Let me know if you'd like to explore any of these in more depth! 😊