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Imagine that you are a consultant just recently hired as a project manager for a software development project for a small, privately owned landscaping/nursery business. They currently use Excel spreadsheets to keep track of their inventory of plant stock. The owner of the business, who is the project’s sponsor, is very accessible and is eager to get started. Your consulting firm will provide all the staffing for developing and testing this software. The solution infrastructure will use several local windows PCs in conjunction with cloud-based servers and databases.
Would you follow a traditional “waterfall” project management approach, or would you follow an “agile” model? Why? State your reasons. Be sure to include any key assumptions about the business/project that influence your direction.
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What is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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