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How to use Stacey Matrix to identify right project management methodologies

Stacey Matrix

Project management is a discipline that focuses on planning, managing, and organizing to achieve the objectives (objectives) of the project. The term project here is an activity that is temporary in nature and has a predetermined time from the beginning to the end of the process.

To achieve this goal, many parameters must be worked out, starting from budget management, resources, project teams, to work operations. One of the main characteristics of a project is its repetitive nature.

Activities that are suitable for implementing project management are those that produce products or services within a certain period of time. In managing a good project management, of course there are some things that need to be optimized and require an effective strategy.

The Purpose of Project Management

Before discussing the stages of project management, you need to know the real purpose of a company or digital industry that needs this system.

Complete Tasks on Time

First, time management is very important for every stakeholder to pay attention to. Good time management can increase the achievement of work productivity, and be able to support the completion of a project to be more effective and efficient.

Maintain Quality

The project criteria will of course be defined from the start by the management team. To achieve a goal or objective, each division needs to maintain the quality of work and the efficiency of the level of resources used.

Budget Management

Management of funds or budget costs is very important to know early, so that the resulting project management can be fulfilled properly and transparently. Furthermore, it can determine the amount of budget allocation as minimal as possible but still able to support the project criteria that have been previously set.

Maximize Team Potential

Maintaining and improving the quality of the team is one of the important parameters to achieve the goals of project management optimally. With this system, they are able to make good plans and can manage a project optimally.

Agile work is one of the secrets of efficient project workflows. There are many approaches, ranging from the simplest to the most modern but sometimes the simplest can deliver results. Project management is highly dependent on the schedule. Sounds simple enough but not as simple as it sounds. To achieve good scheduling you need to have a lot of information regarding the various project requirements and the access needed to get the right skills for the project.

Many managers have to think of everything from scratch and they have to adapt to the real conditions they face. Models created a decade or two ago may not fully match today’s conditions. There are many cases of companies directing their employees to work in agile methods. However, we must realize that agile work methods do not always work as expected.

The Stacey Matrix might be a solution. This matrix can show you some possible approaches for better project management. Thus you can increase the efficiency of your team which as a result, your company goals can be achieved on schedule.

This matrix was developed by a British Management Professor named Ralph Douglas Stacey. Stacey Matrix is ​​often used for decision making in project management.

Why Stacey?

The Stacey Matrix provides several objectives and requirements in the context of options for implementing:

– Goals or requirements to be achieved

– Processing customer complaints in order to develop better software.

– Introduction of new insurance products.

– Options for wider project implementation.

– Tool kits, technologies and related knowledge.

The vertical axis of the Stacey Matrix can provide clarity about a project, while the horizontal axis shows whether or not the route must be traversed (to achieve the goal). There are four scenarios shown, ranging from “simple” to chaotic. This way the Stacey Matrix can tell each manager whether they have used the right project management methodologies in their ongoing projects.

Amy Rey
the authorAmy Rey
Lifelovesu2@gmail.com

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