Dissertation Title:
The impact of agile project management approach on organisation’s productivity and profitability, a case study of IT industry
Master title:
Name:
Year:
TABLE OF CONTENTS
INTRODUCTION
The introduction chapter includes the details of the aims and objectives for conducting the research. It will help in identifying the research gap and the importance of conducting the research.
BACKGROUND OF THE RESEARCH
Project management is the use of specific methods, tools, skills and techniques for achieving the goals of the project. It helps in delivering value to the customers and improves the business processes. It involves proper planning for achievin OC6O6DWDHSg specific goals (Larsson and Larsson, 2020). The approach to project management is the way in which the project is carried out. There are different project management approaches and the managers select the best approach for the project according to the activities and purpose of the project. The selection of the project management approach defines the effectiveness and efficiency of the project (Larsson and Larsson, 2020). For managing the project successfully and achieving the desired objectives the management of the company needs to select an appropriate approach for managing the project. It should be determined according to the requirements and activities involved in the project (Jovanovic and Beric, 2018). The current research will specifically focus on the IT industry and will support in identifying the use of the agile project management approach in the businesses of the IT industry. The research will help in identifying the principles of agile project management and the use of the approach in the IT businesses in the IT industry.
In project management, different approaches are used for managing the project effectively and achieving the desired objectives. Effective selection of project management approach is essential for meeting the needs of the customers and managing the different activities in the project effectively (Jovanovic and Beric, 2018). It helps the business in enhancing the efficiency and performance of the business and supports in timely delivery of the projects. The agile project management approach used is increasing the business of the IT industry. It is supporting in improving the software development process. It is helping businesses in meeting the needs of customers and enhances the overall efficiency of the business (Franková et al., 2016).
Agile project management is an iterative approach that is used in managing software development projects. It allows the project managers to determine the direction of the project during its life cycle. It promotes consistent growth of the project and reduces challenges in the project (Franková et al., 2016). It helps the software development teams in enhancing the speed of software development and supports them to meet the needs and expectations of their customers. The approach is highly being used by businesses in the IT industry for managing the software development process. The approach supports the software development teams in meeting the changing needs of their customers and improves the efficiency of the business. The research will focus on identifying the principles of agile project management (Masood and Farooq, 2017). Through the research, the different advantages of using an agile project management approach in the IT industry will be identified. The research will focus on identifying the use of the agile project management approach in the IT industry. Through the research, the influences of approach on business productivity and profitability will be identified that will support in achieving the research objectives (Masood and Farooq, 2017).
For identifying the impact of the agile project management approach on the profitability and productivity of the businesses in the IT industry the researcher will collect data through secondary sources. The method will help in collecting relevant data for the research and will support in achieving the research objectives. The researcher will collect the data from different sources that will help in collecting relevant data for the research. The researcher will use the thematic analysis method for analysing the data collected from the research (Mishra and Alok, 2017).
RESEARCH RATIONALE
There are various project management approaches used in the IT industry for managing projects. The project management approach highly influences the performance and productivity of the business. The effective selection of approaches supports in achieving the objectives of the business and helps in fulfilling the expectations of the customers. It contributes to the successful delivery and completion of the projects (Suetin et al., 2016). The use of the agile project management approach is increasing in the businesses in the IT industry. It is supporting the businesses in increasing transparency and helps them in addressing the changing needs and expectations of their customers. It promotes innovation in the organisations and increases collaboration among the team members Suetin et al., 2016). With the increasing use of the agile project management approach, it is essential to conduct research for identifying its impact on the profitability and productivity of the business. The research will focus on identifying the advantages of using the approach for businesses in the IT industry (Suetin et al., 2016).
There is less information available on how the agile project management approach influences the productivity and profitability of businesses and the research will help in fulfilling the research gap (Raharjo and Purwandari, 2020). The use of the agile project management approach is increasing in the businesses of the IT industry and it is essential to identify the influence of the approach on the profitability and productivity of the business. It will help in identifying how the approach can support enhancing business efficiency and improving the performance of the business (Raharjo and Purwandari, 2020). The data for the research will be collected through different sources and it will help in collecting relevant data for the research. It will help in providing recommendations to the businesses regarding the advantages of using the approach. It will help in identifying how the approach improves the business practices and enhances the productivity of the business (Raharjo and Purwandari, 2020).
RESEARCH AIMS AND OBJECTIVES
Aims-
The research aims to study the impact of the agile project management approach on an organisation’s productivity and profitability, a case study of the IT industry.
Objectives-
To study the principles of agile project management
To identify the use of the agile project management approach in the IT industry.
To identify the advantages of using the agile project management approach for businesses in the IT industry.
To analyse the influence of the agile project management approach on the profitability and productivity of businesses in the IT industry.
DESCRIPTION OF RESEARCH METHODOLOGY
The methodology description includes an overview of the selected methods for the data collection and analysis for the research. It helps in identifying the most relevant tools and techniques that the researcher can use according to the requirements of the research. The effective selection of tools supports conducting the research effectively and supports in getting accurate research results (Snyder, 2019). The data for the research will be collected through secondary sources. In this, the researcher will collect the data from the existing sources. It will help in collecting relevant information for the research. The data can be collected conveniently and easily through secondary sources and it will reduce challenges for the researcher in conducting the research. It will help in completing the research on time (Johnston, 2017).
The researcher will focus on collecting the data from the relevant sources that will help in collecting the data based on the requirements of the research. It will help in getting accurate research results and will support the researcher in successfully completing the research. The researcher will focus on collecting detailed information for the research (Mishra and Alok, 2017). It will help in understanding the agile project management approach and its principles. It will help in identifying how the project management approach is used in the IT industry businesses. Collecting detailed information will support the researcher in understanding the advantage of using agile project management for businesses in the IT industry (Mishra and Alok, 2017). The data collected through secondary research will be analysed through the thematic analysis method. The researcher will develop different themes for analysing the data collected. It will help in identifying the relevant information from data collected and will support in achieving the research objectives (Javadi and Zarea, 2016). The thematic analysis method supports the researcher in selecting the relevant data from the large quantity of data collected and helps in answering the specific questions of the research. The limitations of conducting secondary research are that the data for the research will be collected through secondary sources. The ineffective selection of sources may impact the research results. The lack of accuracy of data may also impact the research results (Javadi and Zarea, 2016).
Research questions-
What are the principles of agile project management?
Why is the agile project management approach used in the IT industry?
What are the benefits that the agile project management approach provides to businesses in the IT industry?
How agile project management approach influences business productivity and profitability?
SYNOPSIS OF THE CHAPTERS
The entire report is divided into five different chapters. The first chapter of the research is the introduction that provides the details of the background of the research and the rationale for conducting the research. It includes the aims and objectives and provides an overview of the research methodology applied in the research. The literature review is the second chapter of the research. It helps in collecting information for the research topic. It helps in collecting secondary data from different sources. The research methodology is the third chapter of the research. It provides the details of the different methods and tools used by the researcher for conducting the research. It helps in identifying the most relevant tools that the researcher can use according to the requirements of the research for data collection and analysis.
The data analysis and findings are the fourth chapters of the research that includes an analysis of the data collected. It helps in identifying the relevant data from the data collected and helps in getting key findings for getting relevant results for the research. The chapter also includes a discussion that will help in answering the different research questions and will support in achieving the research objectives. It will help in identifying the advantage of agile project management for businesses in the IT industry. It will help in identifying the influence of the agile approach on the profitability and productivity of businesses. The fifth chapter is the conclusion and recommendations that will include the conclusion from the research and the recommendation for the businesses in the IT industry. The recommendations will be provided according to the research findings. The research is structured properly which will support the researcher in conducting the research effectively. The researcher will focus on details that will help in getting relevant results for the research. Developing a proper structure of the dissertation will support the researcher in completing the different parts of the dissertation effectively. Developing the structure for the research will help the researcher in ensuring that the different elements are covered in the research and it will reduce the chances of skipping any essential information.
The next chapter of the dissertation is the literature review. It will help in collecting the secondary data for the research through different sources. In the literature review, the data will be collected for the different concepts in the research. It will help in understanding the different concepts related to the research effectively and will support in achieving research objectives. The literature review will include the detailed analysis of the use of the agile project management approach in the IT industry and it will help in identifying the advantages of using the approach for the businesses. It will help in identifying the influence of agile project management approach on profitability and productivity of the businesses.
REFERENCES
Franková, P., Drahošová, M. and Balco, P. (2016). Agile project management approach and its use in big data management. Procedia Computer Science, 83, pp.576-583.
Javadi, M. and Zarea, K. (2016). Understanding thematic analysis and its pitfall. Demo, 1(1), pp.33-39.
Johnston, M.P. (2017). Secondary data analysis: A method of which the time has come. Qualitative and quantitative methods in libraries, 3(3), pp.619-626.
Jovanovic, P. and Beric, I. (2018). Analysis of the available project management methodologies. Management: Journal of Sustainable Business and Management Solutions in Emerging Economies, 23(3), pp.1-13.
Larsson, J. and Larsson, L. (2020). Integration, application and importance of collaboration in sustainable project management. Sustainability, 12(2), p.585.
Masood, Z. and Farooq, S. (2017). The benefits and key challenges of agile project management under recent research opportunities. International Research Journal of Management Sciences, 5(1), pp.20-28.
Mishra, S.B. and Alok, S. (2017). Handbook of research methodology. Dimensions Of Critical Care Nursing, 9(1), p.60.
Raharjo, T. and Purwandari, B. (2020), January. Agile project management challenges and mapping solutions: a systematic literature review. In Proceedings of the 3rd International Conference on Software Engineering and Information Management (pp. 123-129).
Snyder, H. (2019). Literature review as a research methodology: An overview and guidelines. Journal of business research, 104, pp.333-339.
Suetin, S., Vikhodtseva, E., Nikitin, S., Lyalin, A. and Brikoshina, I. (2016). Results of agile project management implementation in software engineering companies. In ITM Web of Conferences (Vol. 6, p. 03016). EDP Sciences.