THE BENEFITS AND CHALLENGES OF AGILE PROJECT MANAGEMENT – LITERATURE REVIEW

Abstract

Over the last few decades, there has been a significant increase in project management research. There is a new and different approach to project management known as agile project management (APM). Project management in the twenty-first century may well be APM, according to some industry insiders. However, APM has not had the expected impact on project management to date. Research in areas other than software development is still needed in APM literature, which is still in its early stages. As a result, this paper conducts a literature review about agile project management. The study's goals are to examine the benefits and drawbacks of APM, as well as to identify the main obstacles to overcome. Iterative and incremental delivery, increased performance, design flexibility, adaptability to changing environments, reduced development risks, working software, ensuring customer satisfaction, and avoiding overproduction are all advantages of APM systems. The inability to handle large projects, customer interaction, ambiguous requirements, difficulty performing integration testing, frequent release of new features, and the resulting lack of documentation, as well as relying on inexperienced resources, a traditional waterfall development mindset, and lack of familiarity with agile are all significant drawbacks of APM systems. Recommendations to address the issues raised have been discussed. The implications for both researchers and practitioners have been discussed.