The Rolling-Wave planning technique
m (Gianluca Santinon moved page The Rolling Wave Planning Method to The Rolling-Wave planning technique) |
|||
| Line 1: | Line 1: | ||
| + | Innovation and product development projects have environments characterized by many unknowns and rapid change. Recently, an emerging set of practices termed ''agile product development'' has caused traditional orthodox product developers and project managers to rethink their approach to creating fast and flexible projects <ref> Project Management Institute, Inc. (PMI)., ''"The PDMA ToolBook 3 for New Product Development"'', 2008</ref>. As stated in ''The PDMA ToolBook 3 for New Product Development'', flexibility is one of the most important corner stones whenever considered the project planning. | ||
| + | Moreover, in new-product development, most management approaches presume a high ratio of knowns to unknowns , and most planning defines prescribed pathways through developmental stages and decision gates. However, such approaches are counterproductive for any project that has the potential to produce real breakthrough innovations, which, by definition, are fraught with a high degree of uncertainty <ref> Mark P. Rice, Gina Colarelli O'Connor, Ronald Pierantozzi,''"Implememnting a Learning Plan to Counter Project Uncertainty "''], MIT Sloan Management review, Winter 2008</ref>. | ||
| + | |||
| + | At the same time, project environments reflect a very low amount of information at the beginning of the project, when the decisions importance is more relevant, while it increases as the project lifecycle is developed. To counter with this paradox, the Rolling-Wave technique is one of the newer agile tools that has been widely adopted as it yields benefits of improved speed, flexibility and customer value. Rolling wave is a robust, sophisticated way to manage the risks of innovation, to adapt to change, to align the organization, and to align the team towards breakthrough reults <ref> Project Management Institute, Inc. (PMI)., ''"The PDMA ToolBook 3 for New Product Development"'', 2008</ref>. Recognizing that not all the aspects of a project can be fully defined or known at the starting stage, the Rolling-Wave technique allows the progressive elaboration of all the details as far as the project go along. | ||
| + | |||
| + | |||
''Developed by Gianluca Santinon''<br /> | ''Developed by Gianluca Santinon''<br /> | ||
| + | |||
| + | |||
| + | |||
| + | |||
| + | == References == | ||
| + | <references/> | ||
Revision as of 11:15, 12 February 2023
Innovation and product development projects have environments characterized by many unknowns and rapid change. Recently, an emerging set of practices termed agile product development has caused traditional orthodox product developers and project managers to rethink their approach to creating fast and flexible projects [1]. As stated in The PDMA ToolBook 3 for New Product Development, flexibility is one of the most important corner stones whenever considered the project planning. Moreover, in new-product development, most management approaches presume a high ratio of knowns to unknowns , and most planning defines prescribed pathways through developmental stages and decision gates. However, such approaches are counterproductive for any project that has the potential to produce real breakthrough innovations, which, by definition, are fraught with a high degree of uncertainty [2].
At the same time, project environments reflect a very low amount of information at the beginning of the project, when the decisions importance is more relevant, while it increases as the project lifecycle is developed. To counter with this paradox, the Rolling-Wave technique is one of the newer agile tools that has been widely adopted as it yields benefits of improved speed, flexibility and customer value. Rolling wave is a robust, sophisticated way to manage the risks of innovation, to adapt to change, to align the organization, and to align the team towards breakthrough reults [3]. Recognizing that not all the aspects of a project can be fully defined or known at the starting stage, the Rolling-Wave technique allows the progressive elaboration of all the details as far as the project go along.
Developed by Gianluca Santinon
References
- ↑ Project Management Institute, Inc. (PMI)., "The PDMA ToolBook 3 for New Product Development", 2008
- ↑ Mark P. Rice, Gina Colarelli O'Connor, Ronald Pierantozzi,"Implememnting a Learning Plan to Counter Project Uncertainty "], MIT Sloan Management review, Winter 2008
- ↑ Project Management Institute, Inc. (PMI)., "The PDMA ToolBook 3 for New Product Development", 2008
