A HYBRID APPROACH TO PROJECT MANAGEMENT IN THE POWER TOOLS INDUSTRY

Marian – Florentin GHENA, Liviu - Daniel GHICULESCU

Abstract


In the dynamic landscape of the power tools industry, the confluence of tradition and innovation shapes the foundation of economic progress. This paper delves into the pivotal role that project management plays in orchestrating the intricate dance of industrial tool projects. It explores a hybrid approach that melds the structured blueprint of Waterfall with the adaptive finesse of Agile methodologies. This synthesis strives to navigate the complexities of the industry, ensuring rapid responses to change, meticulous control and planning, and heightened user satisfaction. While unveiling the advantages and limitations of the hybrid approach, this paper also highlights avenues for future research, paving the path for an era of evolved project management in the power tools industry.

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References


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