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What is Agile Project Management and Its Phases?

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What is Agile Project Management?

Agile project management is an adaptive method of product development. It takes into account the iterative and incremental approaches of developing and delivering products to the customer. The focus of agile project management is on value creation and customer centricity. The other important aspects of agile project management are: its responsive nature to the changing requirements, its progressive outlook toward software planning, and leadership shift from command & control to servant leadership.

The scope of some of the projects is well-defined and certain. The traditional or waterfall model of managing the projects is used in such scenarios. The scope of some of the projects is uncertain, ambiguous, volatile and complex. The very nature of agile project management makes it complimentary to execute such uncertain projects. Project Management is a vast subject and involves many new concepts, processes, and tools. This PMP Certification Training Program involves comprehensive class activities based on real-life scenarios to help you understand the concepts well so that you can answer the PMP exam questions well as well as use these in your job.

5 Phases In Agile project management

Envision

This phase can be considered equivalent to the initiating process group in traditional project management. It helps create vision for the project. The vision focuses on the customers and the stakeholders involved in the project. It covers the why, what, how, and who of the project. It defines the product vision, scope, constraints, delivery methodology, and the stakeholders. 

Speculate

This phase can be considered equivalent to the planning process group in traditional project management. This phase expands the envision phase and encourages brainstorming, critical thinking, creative thinking, and collaboration to plan the execution of the project. It translates the product vision into product roadmap, to release level planning and iteration level planning. It determines the workload, product features, estimation, risks, and delivery. 

Explore

This phase can be considered equivalent to the executing process group in traditional project management. It focuses on following the release/iteration plan (as prepared in the previous phase 2 called Speculate) and delivering project features; more specifically delivering potentially shippable products. 

Adapt

This phase can be considered equivalent to the monitoring & controlling process group in traditional project management. This phase focuses on inspection, supervising, modifications, changes, and corrections in the project lifecycle.  The phases Speculate, Explore and Adapt are regularly revisited in order to improve the product delivery and project execution in each and every iteration. This means reviewing actual results versus planned results. This phase covers the improvements needed which are integrated into the next iteration. 

Close

This phase can be considered equivalent to the Closure Process Group in traditional project management. Per the definition of a project given in PMBOK, it has a definite start and a definite end. The expectations of the customers are set at the onset of the project about the endpoint of the project. Not doing so would result in the perception issues among the customers which would result in unnecessary fall-outs. Doing it right, would help celebrate the success of the project. However, before the team ends the project, ensure to analyze all the key findings, knowledge gathered, and lessons learned and pass these along to the next team so that they can benefit.

Agile Mindset & Manifesto:

The agile project management methodologies like Extreme Programming, SCRUM, DSDM, Adaptive Software Development, Crystal, Feature-Driven Development, Pragmatic Programming, were already existing before the agile movement was formalized in 2001 with the publication of the agile manifesto for agile software development.

The original seventeen authors signed a manifesto which contained 4 values and 12 principles. The manifesto stated that:

We are uncovering better ways of developing software by doing it and helping others do it. Through this work we have come to value:

Four Values

  1. Individuals and interactions over processes and tools
  2. Working software over comprehensive documentation
  3. Customer collaboration over contract negotiation
  4. Responding to change over following a plan

Twelve Principles

  1. The highest priority is to satisfy the customer through early and continuous delivery
  2. Welcome changing requirements, even late in development
  3. Deliver working software frequently, from a couple of weeks to a couple of months
  4. Stakeholders and developers must collaborate on a daily basis
  5. Build projects around motivated individuals. Give them the environment and support they need, and trust them to get the job done.
  6. Face-to-face meetings are deemed the most efficient and effective format for project success
  7. A final working product is the ultimate measure of progress
  8. Agile processes promote sustainable development. The sponsors, developers, and users should be able to maintain a constant pace indefinitely.
  9. Continuous attention to technical excellence and good design enhances agility
  10. Simplicity, maximizing the work not done, is an essential element
  11. The best architectures, requirements, and designs emerge from self-organizing teams
  12. At regular intervals, the team reflects on how to become more effective, then tunes and adjusts its behaviour accordingly

As per agile practice guide of PMI, agile is a mindset defined by values, guided by principles, and manifested through many different practices.

Characteristics of Agile Life Cycle for product development

The creation of agile manifesto started to simply product development in software industry. However, the characteristics of agile methodologies have made its impact on almost all the industries. The agile way of managing projects is not restricted to software industry only. It is critical to understand that the following characteristics are intrinsic to all kinds of projects, whether they follow predictive or agile (adaptive) life cycles. The focus here is on the attributes specific to the project characteristics managed in agile manner. These characteristics and their attributes are mentioned below.

  • Requirements: The projects which are managed in an agile manner have an intrinsic characteristic of dynamism. The requirements and eventually the scope change occur often and to incorporate such kind of changes, agile and adaptive methodologies are adopted.
  • Activities: One of the other most important characteristics of agile project management that the activities are repeated until near perfect solution is achieved. This can be referred to as iterative approach of creating product.
  • Delivery: The delivery of products/features in agile methodology is done frequently with incremental deliveries. This delivery is potentially shippable product. This is related to incremental way of delivering product.
  • Goal: The goal of agile project management is to deliver value to the customers via frequent delivery by incorporating early feedback.

In general, agile life cycle uses the project characteristics of both iterative and incremental life cycles, i.e., the project team iterate to create the product incrementally. This ensures that the team gets the visibility of the project and gain early feedback from the customer. 

Agile Roles

There are three major roles defined in the agile way of managing projects.

  1. Cross Functional Team members: The cross functional teams are also called as the development teams and are the most critical. Agile teams comprise dedicated team members. Cross functional teams consist of team members with all the skills necessary to produce a working product. The cross functional development teams consist of professionals who deliver potentially releasable product in time-boxed frame. They deliver finished work in the shortest possible time, with higher quality, without external dependencies. The teams are mostly collocated or the team members have the ability to manage any challenges based on location. The teams consist of generalists and specialists and usually work in a stable environment. Agile teams are self-organizing and they themselves decide how to best accomplish their work for each sprint. 
  1. Scrum Master: This role can also be associated with the role of servant leader. This can also be called a project manager, team lead, team coach, team facilitator, or process facilitator. The basic and foremost responsibility of this role is to remove impediments, blockers and barriers during the project execution. This ensures that the sprint stays on track by monitoring progress and facilitating meetings. The servant leaders become teams’ advocate and help them communicate with the stakeholders. All agile teams need servant leadership on the team. People need time to build their servant leadership skills of facilitation, coaching, and impediment removal. 
  1. Product owner: The product owner represents the voice of customers or users. She helps define the product roadmap, backlog, release plans and goals of each iteration. She ranks the work based on the business value of the features and product. She acts like a lighthouse for guiding the direction of the product. She works with the teams daily by providing feedback and direction of future releases. Sometimes, she requests help from people with deep domain expertise, such as architects, or deep customer expertise, such as product managers. Product owners need to be trained on how to organize and manage the flow of work through the team.

Common Agile Ceremonies

The ceremonies in agile project management methodologies are events. Some of these events are planning-based and some of them are feedback-based events. The ceremonies are:

  1. Backlog Preparation: An ordered list of work in agile methodology is called as the backlog. This backlog is presented in story form so that the teams can understand it. The backlog preparation takes the form of progressive elaboration and in this agile way of managing project, there is no need to create all of the stories for the entire project before the work starts—only enough to understand the first release. Product owners might produce a product roadmap to show the anticipated sequence of deliverables over time. The product owner replans the roadmap based on what the team produces. The backlog preparation is one of the layers of the Agile Planning Onion; it is the third layer in the onion. In this, the strategy forms the topmost layer, followed by portfolio, product, release, iteration and daily.
  1. Backlog Refinement: The product owner works with the team to prepare some stories for upcoming iteration in the middle of the iteration. The reason for such meetings is to refine enough stories so the team understands these stories and compare them with other stories in the backlog. These meetings help the team understand the potential challenges or problems in the story. The teams can use spike to understand the risk.  There is no consensus on how long the refinement should be.
  1. Daily Stand-ups: The ultimate goal of daily stand-up meetings is to ensure that all the members of the team are on the same understanding of the project and its progress. The members use this meeting to commit to each other, share problems, and ensure a smooth workflow. This meeting is timeboxed for no longer than 15 minutes. During this meeting, everyone answers the following questions:
  • What did I complete since the last stand-up?
  • What am I planning to complete between now and the next stand-up?
  • What are my impediments (or risks or problems)?

It is the responsibility of the process owner to not let the daily stand-up meetings become status meetings. Besides this, let this meeting not become a problem solving event.

  1. Demonstrations/Reviews: This ceremony helps periodically demonstrate the working product to the customer. This event helps the team gain early feedback on the features (in the form of user stories) of the product. Since the product owner represents the voice of customers or uses, it is her responsibility to check the demonstration and either accept or reject the user stories. As a general guideline, demonstrations happen at least once every 2 weeks. Demonstrations help the teams to set in the right direction if they are progressing in the wrong direction. This becomes a basic component of agile projects (incremental delivery based on iteration/flow). The ceremony of demonstration/review refers to the principle # 7 of Agile Manifesto.
  1. Retrospectives: Principle # 12 of Agile Manifesto is: “At regular intervals, the team reflects on how to become more effective, then tunes and adjusts its behaviour accordingly.” Post demonstration/review ceremony, the iteration asks for a meeting which would help team understand the improvement areas, correction areas, and the behaviours, actions and work to keep for the next iterations. In general, the team looks back to learn, contemplate, improve and adapt to the best practices. Teams need to learn about the product and/or process. The meeting is all about looking at the qualitative (people’s feelings) data and quantitative (measurements) data to uncover the root causes, developing contingencies, mitigation strategies, and action plans.

Conclusion

The management of projects in agile manner reflects non-traditional ways of executing projects. It embodies the 4 values and 12 principles as laid down in the agile manifesto. The 5 ceremonies compliment the effective and efficient ways of delivering values to the stakeholders which in turn takes the holistic approach of 5 phases of agile project management.

About The Author

Techcanvass is an Information Technology certifications training Organization for professionals. It offers internationally recognized certifications in the fields of Project Management and Business Analysis. It is a premier Authorized training partner (ATP) of Project Management Institute (PMI), USA and a premier Endorsed Education Provider (EEP) of International Institute of Business Analysis (IIBA), Canada. Founded by IT professionals, Techcanvass is committed to making learning a more structured, practical and goal-oriented exercise. We also provide consulting services in the fields of Project management and Business Analysis.

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Axia Trade: منصة التداول المثلى للعملات الرقمية

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في ظل الثورة الرقمية والتطور السريع في عالم التكنولوجيا المالية، أصبح التداول في العملات الرقمية واحدًا من أبرز الاتجاهات الاستثمارية الحديثة. منصة Axia Trade تبرز كواحدة من أفضل المنصات التي تقدم خدمات تداول العملات الرقمية، موفرة للمستثمرين أدوات وميزات متقدمة تتيح لهم استغلال الفرص المتاحة في هذا السوق الديناميكي. في هذا المقال، سنستعرض مميزات التداول في العملات الرقمية عبر منصة Axia Trade

  • تنوع واسع في العملات الرقمية

توفر Axia Trade إمكانية التداول بمجموعة متنوعة من العملات الرقمية، بما في ذلك البيتكوين، والإيثريوم، والريبل، واللايتكوين، والعديد من العملات الأخرى. هذا التنوع يتيح للمتداولين استكشاف فرص استثمارية متعددة وتنويع محافظهم الرقمية لتحقيق أفضل العوائد

  • واجهة مستخدم بديهية وسهلة الاستخدام

تتميز منصة Axia Trade بواجهة مستخدم بديهية وسهلة الاستخدام، مما يجعلها مناسبة للمتداولين من جميع المستويات، سواء كانوا مبتدئين أو ذوي خبرة. تتيح الواجهة التنقل السلس بين مختلف الأدوات والميزات، مما يسهل على المتداولين تنفيذ صفقاتهم بكفاءة وسرعة

  • أدوات تحليل متقدمة

تقدم Axia Trade مجموعة شاملة من الأدوات التحليلية المتقدمة التي تساعد المتداولين على اتخاذ قرارات مستنيرة. تشمل هذه الأدوات الرسوم البيانية التفاعلية، والمؤشرات الفنية، وأدوات التحليل الأساسي. يمكن للمتداولين استخدام هذه الأدوات لتحليل تحركات السوق وتحديد أفضل الفرص الاستثمارية

  • أمان وحماية عالية

تضع Axia Trade أمان المتداولين على رأس أولوياتها. تستخدم المنصة تقنيات تشفير متقدمة لحماية بيانات المستخدمين ومعاملاتهم. بالإضافة إلى ذلك، تُبقي أموال العملاء في حسابات منفصلة لضمان أقصى درجات الأمان والحماية

  1. تنفيذ سريع للصفقات

تُعرف Axia Trade بسرعة تنفيذ صفقاتها، مما يضمن أن المتداولين يمكنهم الدخول والخروج من الصفقات بسرعة وبدون تأخير. هذه السرعة في التنفيذ تُعد عنصراً حاسماً في سوق العملات الرقمية المتقلب حيث يمكن أن تؤثر التحركات السعرية الصغيرة على الأرباح والخسائر

  • دعم فني متميز

توفر Axia Trade خدمة دعم فني على مدار الساعة طوال أيام الأسبوع. فريق الدعم متواجد دائماً للإجابة على استفسارات المتداولين وحل أي مشاكل قد يواجهونها. هذا الدعم المستمر يضمن تجربة تداول سلسة وخالية من المتاعب

  • موارد تعليمية غنية

تُقدم Axia Trade مكتبة غنية من الموارد التعليمية، بما في ذلك الندوات عبر الإنترنت، والدروس التفاعلية، والمقالات التحليلية. هذه الموارد تساعد المتداولين على تحسين مهاراتهم وفهم أفضل لأسواق العملات الرقمية واستراتيجيات التداول المختلفة

  • حسابات تجريبية

للمتداولين الجدد، توفر Axia Trade حسابات تجريبية تتيح لهم ممارسة التداول بدون مخاطرة بأموال حقيقية. هذه الحسابات هي أداة تعليمية قيمة تساعد المتداولين على التعرف على المنصة واختبار استراتيجياتهم قبل الدخول في التداول الفعلي

  • استخدام الرافعة المالية بحذر

تُتيح Axia Trade للمتداولين استخدام الرافعة المالية لتعظيم فرص الربح. ومع ذلك، توفر المنصة أيضًا أدوات لإدارة المخاطر مثل أوامر وقف الخسارة وجني الأرباح لحماية رؤوس أموال المتداولين وتقليل الخسائر المحتملة

  • مجتمع تداول متكامل

تسعى Axia Trade لبناء مجتمع تداول متكامل يُتيح للمتداولين التفاعل وتبادل الأفكار والخبرات. من خلال المنتديات ومجموعات النقاش، يمكن للمتداولين التواصل مع بعضهم البعض والاستفادة من تجارب الآخرين

الخلاصة

تُعتبر Axia Trade منصة مثالية لتداول العملات الرقمية، حيث تجمع بين الأمان، والتنوع، والتكنولوجيا المتقدمة، والدعم المستمر. سواء كنت متداولاً مبتدئًا تبحث عن منصة تعليمية وداعمة، أو متداولًا محترفًا تحتاج إلى أدوات تحليل متقدمة وسرعة تنفيذ عالية، فإن Axia Trade توفر لك كل ما تحتاجه لتحقيق أهدافك الاستثمارية في عالم العملات الرقمية. انضم إلى آلاف المتداولين الذين اختاروا Axia Trade واستفد من الميزات العديدة التي تقدمها المنصة لتحقيق النجاح في سوق العملات الرقمية المتنامي

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Top Roles of a Personal Injury Attorney

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Come what may, we all need a professional attorney to do the legal battle on our behalf! We may be very strong in understanding the consequences of not obeying any law, but the knowledge to raise your concerns and voice is always displayed by a lawful person – an attorney. You can more research by using keywords such as Sullivan & Galleshaw to get a thorough understanding of personal injury attorneys.

Following are few key roles of a personal injury attorney:

  • Thorough Understanding of Subjects

Personal injury cases can be tricky and complex. Moreover, you may not be aware of the State laws to address your concern or present your case. Legal battles are always won in a legal way. Hence you need an injury attorney to support your case. His tremendous knowledge on related subjects will help you make your case stronger. 

  • Evidence Gathering and Case Building

You may have sufficient evidence to support your case; however, presenting those evidences at the right time is the key role of your injury attorney. Medical records and statements of key witness(es) are all handled by your injury attorney. Most of the injury attorneys gather evidence and eye witness’s remarks to make the case stronger. 

  • Personal Investigation of Crime/Criminal(s)

A thorough crime or criminal investigation includes interviews of the criminals, extensive search, interrogations, collection and preservation of evidence and adopting different methods of investigation – are all the roles of an injury attorney. Every attorney has a unique style of investigation. You never know if his or her style of investigation can click with your case and your case becomes much stronger. You’ll need to take minimum risk at least!

  • Negotiation for Case Settlement

When it comes to settlement, multiple tricks are used by the opponents to make you settle for less. Medical bills, hospital expenditure and other losses are all included in the settlement amount. You definitely need an injury attorney to make a stronger appeal and close the deal in your favor. It is the role of your attorney to ensure that the opposite client pay for your unnecessary losses and expenditure.

  • Get Your Insurance Money

No insurance company or law firm can directly contact you once an attorney is being appointed. Insurance companies make rigorous attempts to bring your compensation amount to its minimum. Here comes the role of your attorney to negotiate and bring up the insurance amount according to your policies and other details. 

Read more using keywords such as Sullivan & Galleshaw to get acquainted with the procedures.

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Understanding Upsell and Downsell Offers: A Comprehensive Guide

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In the world of sales and marketing, the concepts of upsell and downsell offers are pivotal strategies that businesses use to maximize their revenue and improve customer satisfaction. By understanding and effectively implementing these strategies, companies can significantly enhance their customer relationships and profitability.

What is an Upsell?

Upselling is the practice of encouraging customers to purchase a more expensive item, an upgrade, or an add-on to their original purchase. The main goal of upselling is to increase the overall value of the sale by offering a higher-end product or additional features that enhance the primary product.

For example, in the context of a restaurant, an upsell would be suggesting a customer order a larger size drink or add extra toppings to their pizza. In the tech industry, it could involve recommending a laptop with more advanced features or greater storage capacity than the one the customer is considering.

The key to successful upselling lies in understanding the customer’s needs and preferences, and offering them a product or service that genuinely adds value to their purchase. It’s essential to avoid being too pushy, as this can lead to a negative customer experience.

What is a Downsell?

Downselling, on the other hand, involves offering a cheaper alternative to the customer when they show hesitation or decline the initial offer. The primary objective of downsell offers is to retain the customer and make a sale, even if it’s not at the originally intended price point.

For instance, if a customer is reluctant to buy a high-end smartphone, a salesperson might suggest a more affordable model with fewer features but still meets the customer’s basic needs. Similarly, in a subscription service, a downsell might involve offering a basic plan instead of the premium one initially proposed.

Downselling can be particularly effective in situations where the customer is budget-conscious or uncertain about the value of the higher-priced option. By providing a lower-cost alternative, businesses can still secure a sale and potentially build a long-term relationship with the customer.

The Role of Upsell and Downsell in Health Insurance

In the health insurance industry, upsell and downsell strategies are also prevalent and highly relevant. Health insurance companies often use these techniques to offer better coverage options or more affordable plans to their customers.

Upselling in Health Insurance: Health insurance companies may upsell by suggesting plans with more comprehensive coverage or additional benefits. For example, a customer who initially opts for a basic health insurance plan might be encouraged to upgrade to a plan that includes dental and vision coverage, wellness programs, or lower co-pays and deductibles. This not only provides the customer with better protection and more services but also increases the insurer’s revenue.

Downselling in Health Insurance: Conversely, if a potential policyholder finds the premium for a comprehensive plan too expensive, a group health insurance agent might offer a more affordable plan with essential benefits. This way, the customer can still secure necessary health coverage without overextending their budget. By providing a viable alternative, the insurer maintains a relationship with the customer, which can lead to future opportunities for upselling as the customer’s financial situation improves.

Conclusion

Upsell and downsell offers are powerful tools in the sales and marketing arsenal. When used effectively, they not only boost revenue but also enhance customer satisfaction by providing tailored solutions that meet individual needs. In industries like health insurance, where customer trust and long-term relationships are crucial, these strategies can play a vital role in ensuring both business success and customer well-being.

By understanding and leveraging the principles of upselling and downselling, businesses can create more personalized experiences, foster customer loyalty, and ultimately drive growth. The key is to always keep the customer’s best interests at heart and to offer genuine value with every recommendation.

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