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London School of International Business (LSIB)

What are the main differences between traditional project management and QCF Extended Project Management (fast track)?

When it comes to project management, there are various methodologies and approaches that can be used to ensure successful completion of a project. Two popular methods are traditional project management and QCF Extended Project Management (fast track). Let's explore the main differences between these two approaches:

Traditional Project Management QCF Extended Project Management (fast track)
Sequential approach Agile approach
Emphasis on detailed planning and documentation Focus on adaptability and flexibility
Rigid structure and hierarchy Collaborative and cross-functional teams
Longer project timelines Shorter project timelines
Less frequent feedback and updates Regular feedback and updates

Traditional project management follows a sequential approach where each phase of the project is completed before moving on to the next. This method emphasizes detailed planning and documentation, with a focus on following a rigid structure and hierarchy within the team.

On the other hand, QCF Extended Project Management (fast track) adopts an agile approach, which prioritizes adaptability and flexibility. This method encourages collaborative and cross-functional teams to work together towards achieving project goals in a shorter timeframe.

One of the key differences between the two approaches is the project timeline. Traditional project management typically has longer project timelines due to the sequential nature of the process, while QCF Extended Project Management (fast track) aims to deliver results in a shorter period by focusing on regular feedback and updates.

In conclusion, the main differences between traditional project management and QCF Extended Project Management (fast track) lie in their approach, structure, timeline, and communication style. Both methods have their own strengths and weaknesses, and the choice between the two will depend on the specific requirements and goals of the project at hand.