First Wave ”Initial | 1950 “1970 |
Project Justification | Projects were justified by experimentation and proof of technology. |
Senior Management Role | Generally unaware of major project issues ”IT were trusted as "scientists/experts." |
Business Expert Role | Little or no involvement in development process. |
Management Focus | Focus on development effort only. |
Team Structure | Single teams with dominant technical leader. |
Planning Approach | Informal and verbal planning. |
Project Dynamic | Generally unlimited time and budget. |
Second Wave ”Engineered | 1970 “current |
Project Justification | Projects were justified by token cost “benefit analysis ”no effective benefits realization. |
Senior Management Role | Involved in token steering committees ”IT were still trusted as "scientists" or "experts." |
Business Expert Role | Token involvement as business analysts and in testing and documentation ”Some business project managers with little support or training. |
Management Focus | Continuing focus on development effort only ”Formal metrics recorded on development productivity. |
Team Structure | Single teams with dominant technical leader and related technical experts such as database experts. |
Planning Approach | Macro planning based on engineering concepts such as one-off planning at front, fixed, formal specifications. |
Project Dynamic | Expert-driven where the IT and other specialists set budgets and technology. |
Third Wave ”Dynamic | 1980 “current |
Project Justification | Cost “benefit taken more seriously and greater awareness of benefits realization. |
Senior Management Role | Committed sponsor and steering committee roles with greater awareness of project management issues. |
Business Expert Role | Business experts involved more actively in development and project management process. |
Management Focus | Whole-of-life focus is adopted with development and support cycles measured. |
Team Structure | Virtual teams emerge with small project team supported by contractors, specialists, and business people as stakeholders. |
Planning Approach | Micro planning based on flexible plans with deliverables or time-boxes of 3 to 6 months. |
Project Dynamic | Constraint-driven by fixed deadlines, limited budgets, and resources. |
Fourth Wave ”eXtreme | 1990 “ |
Project Justification | Projects are totally focused on added value and benefits realization. |
Senior Management Role | Project sponsors as executive project managers for total life of product or system. |
Business Expert Role | Business and technology teams completely integrated. |
Management Focus | Focus on total whole-of-life product life cycle with integrated process and product management and metrics. |
Team Structure | Virtual teams within virtual organizations based on partnerships and networks. |
Planning Approach | Organic planning using micro plans and very short development cycles (daily builds). |
Project Dynamic | Increasingly constraint-driven but balanced by return on investment considerations. |