Reference no: EM133450362

Case Study Overview:

In conventional business and government megaprojects--such as hydroelectric dams, chemical-processing plants, or big-bang enterprise-resource-planning systems--the standard approach is to build something monolithic and customized. Such projects must be 100% complete before they can deliver benefits: Even when it's 95% complete, a nuclear reactor is of no use. On the basis of 30 years of research and consulting on megaprojects, the author has found two factors that play a critical role in determining success or failure: replicable modularity in design and speed in iteration. The article examines those factors by looking at well-known megaprojects, both successful ones, and cautionary tales.

Question 1

In the article Agility Hacks, they talk about processes that can be used to "tackle immediate challenges quickly". Using your knowledge of Project Management Processes, what is the impact to the organizaton by not using a "formalized process" and what do you feel is the different between an "agility hack" and a hybrid methdology.