Acute360 provides an agile and consistent methodology for planning and conducting R&D projects and managing them the right way. In traditional (Waterfall) project management, objectives, budget, time frames, tasks and activities are already well-defined, whereas in iterative project management very little of this is done. In an iterative approach to resolve a problem, you are venturing into unknown territory and you must acknowledge that you will go through many iterations and rework before you get to the solution.
1. Analysis/Objective: Before defining the objective of the project, you should go through an analysis phase to gain a thorough understanding of the project's problems and then formulate a specific and reasonable project objective. 2. Tasks are a decomposition of the project’s objectives into more manageable parts or requirements. They are the roadmap that identifies the requirements or problems that needs to be resolved to attain the project’s objectives. 3. Activities/Iterations are a descendant (subtask) of the Task, and you may add as many Activities/Iterations to a Task as is required to attain a conclusion (success or failure) to the Task’s objective. You can create Activities/Iterations to either define the work to be performed to attain the Task’s objective or propose a hypothesis along with a solution that will attempt to resolve a scientific or technological uncertainty/obstacle to attain the Task’s objective. 4. Validation of the Activity/Iteration is a periodic assessment of the success or failure of the work or experimentation undertaken to attain the Task’s objective.
