Success Problem
What is the difference between traditional project management and extreme project management?
Impact
Extreme project management (XPM) refers to a method of managing very complex and very uncertain projects. XPM differs from traditional project management mainly in its elastic approach based mainly on the human side of project management (e.g. managing project stakeholders), rather than on intricate scheduling techniques and heavy formalism.
Recommendation
XPM utilizes the principles of human interaction management. XPM is used for fast-speed projects with unpredictable results. These are for example many software development projects, where requirements often change during the project execution period as a response to environmental factors such as competition, technology, and economic conditions. The main tasks that an extreme project manager has to fulfill are negotiating, communicating with all parties, dealing with obstacles and keeping a balance between team members.
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