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The iterative approach of Agile Project Management maximizes project success by allowing for flexibility and adaptability. It breaks down the project into smaller, manageable parts called iterations or sprints. Each iteration is a complete project cycle in itself, including planning, execution, testing, and review. This allows the team to learn from each iteration and make necessary adjustments for the next one. It also enables early detection and resolution of issues, reducing the risk of project failure. Furthermore, it ensures that the project is always aligned with the customer's needs and expectations, as feedback is incorporated after each iteration.
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In the case of our live stream shopping feature, a delay to sign up content creators could lead to a weak launch with not enough content to keep your user base engaged, or even know how this new feature works. Another high-risk task could be the creation of the creator dashboard where creators upload their content. If this backend is not set up properly, no one will be able to upload their content or watch livestreams, which would effectively kill your launch. (Slide 13)
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Has your project management approach led to exceeded budget and dragged out time-to-market? Our Agile Project Management presentation provides greater...
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