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Agile vs. Waterfall: The Challenge for Finance, Quality, Risk and other areas

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George Lewis Program/Project Manager| DXC Technology Company Heredia, Costa Rica
Agile vs. Waterfall: The Challenge for Finance, Quality, Risk

As I read the William M. (Bill) Sinnett book on the topic, I wondered what other areas agile businesses will have a challenge. In this case, the approach author approach was nicely presented, focusing on finance, stating that "CFOs will be challenged to align their financial, and accounting practices to support these practices with the right policies and technologies". I also see so many challenges in other areas, like Quality, Risk, and others.

What challenges do you see companies face as we face this new agile era?
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Abolfazl Yousefi Darestani Manager, Quality and Continuous Improvement| Hörmann-TNR Industrial Doors Newmarket, Ontario, Canada
Lots of idea exchange!
Cool.
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Vikas Agarwal Founder, Product Evangelist| GrowExx India
Hello George,

Thanks for sharing this great content. I have seen most of the software development projects were unsuccessful because they could not meet up the criteria used to measure the success of the project as some of the software takes time before it makes available customers’ requirements or adapts to changes in customers’ requirements. The failed software development projects led to the adoption of the Agile method. This is where the agile method arrives.

Some common challenges of Agile processes are:
1. Lack of management support.
2. Inconsistent processes and practices across teams.
3. Poor communication and collaboration.
4. Adapting a new mindset
5. No quality measurement etc.

The difference is that Waterfall is a linear system of working that requires the team to complete each project phase before moving on to the next one while Agile encourages the team to work simultaneously on different phases of the project.
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Abolfazl Yousefi Darestani Manager, Quality and Continuous Improvement| Hörmann-TNR Industrial Doors Newmarket, Ontario, Canada
Good Q&A.
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