Business Finance - Management QSO 435 Homeworks ( week 3)

Make comments and respond to at least two of your peers, providing feedback

and your assessment on what they posted regarding weaknesses and strengths.

To complete this assignment, review the Discussion Rubric PDF document.

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Kent Beier

One of the weaknesses in the iterative process is planning. If high level

planning is lacking the project could lose some structure which makes it

difficult for the teams to get traction. The nature of agile is to minimize

up-front planning, which is great, but the project would still need a target/end

product goal as a guide. It would be important to know, generally, what the end

goal is even if the product takes on changes during the design phase.

Secondarily, this could lead to pressure within sprints and create technical debt

(an accumulation of unresolved problems) and scope creep. For example, if the

project lacks executive level planning, it would be very difficult to get buy-in

from management creating a void that’s difficult to overcome at the team level,

and a significant amount of resources could be wasted. Agile is supposed to run

in parallel, and for the most part does, but reality dictates that there will need to

be some type of integration of each of the sprints at some point. (Shyshkin,

2020).

The strength of the iterative process lies in it’s flexibility to make

changes on the fly coupled with short time durations. This agility and

adaptability make it possible to accommodate the inevitable changes that occur

along the project timeline, and encourages creativity to experiment with new

ideas. An example, if we were creating an eCommerce site and along the way

the we discovered we could integrate a feature that synchronized inventory

between the brick and mortar store with the website. This would be a major

benefit for the product owner and would have little impact on the project

timeline. The iterative process allows new ideas to be explored without hurting

the overall completion date and delivers a better product for the client.

Resources:

Kienitz, P. (2017, March 17). The Pros and Cons of Iterative Software

Development.

https://www.one-beyond.com/pros-cons-iterative-software-development/

Shyshkin, Y. (2020, September 9). The Iterative Approach: Pros And Cons.

https://www.aspirationandadvisory.com/blog/the-iterative-approach-pros-and-co

ns

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Melito Todman

Hello Dr. T and fellow students. For this discussion post, I will choose an aspect of

the iterative process that I think is a weakness. I will describe it, explaining and

defending my reasoning. I will also choose an aspect of the iterative process that I

think is one of its strengths. I will describe it, explaining and defending my

reasoning.

First, I will explain what the iterative process means. An iterative process is an

approach to problem-solving that involves breaking down a significant problem

into smaller, more manageable pieces. Each piece is then worked on separately,

combining and iterating the results to form a final solution. (Henderson, Luke,

August 10, 2022)

There are five aspects of the iterative process; Plan, Design, Implement, Test and

Evaluate and Review. The iterative process I think is a weakness is Test. After

implementing the project, it’s time to start testing it. This is where you’ll put the

project through its pace to ensure it works as intended. (Henderson, Luke, August

10, 2022) I think the test aspect is a weakness because there could be a lot of

mistakes made throughout the process. I chose this aspect because it relates to my

industry, Telecommunications in an Outside Plant environment. When installing

fiber optic cable, fibers will be spliced (or joined), throughout the process. If one of

the fibers is not spliced correctly, the test will not be completed.

The iterative process I think is a strength is Plan. Every project starts with a plan. It

would help if you had a clear idea of what you want to achieve with your project.

What are your goals? What are your objectives? You also need to consider the

resources required to complete the project, including time, money, and workforce.

And finally, you need to decide on the timeline for the project. How long do you

have to complete the project? What are the milestones that you need to reach?

Knowing the correct answers to these questions will allow you to understand what

resources you’re working with at the various stages of the project. (Henderson,

Luke, August 10, 2022) I believe planning is crucial for projects and everything. If

the plan is not executed correctly, it could cause delays in the project. The plan has

to be detailed and include steps of the process to complete the project.

References

Henderson, Luke. August 10, 2022. Understanding the Iterative Process: 5 Steps

To Success. Blog. https://niftypm.com/blog/iterative-process/#