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Difficulty of implementing project management techniques in digital Start-ups

Ahmed, Abrar (2022) Difficulty of implementing project management techniques in digital Start-ups. Masters thesis, Dublin, National College of Ireland.

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Project management is becoming more and more popular as a useful tool for businesses to embrace change and adapt to the market in order to stay competitive in a quick-moving sector. In today's corporate world, when resources are limited, timescales are shorter, budgets are more constrained, and technology is always evolving, project management is crucial. As a result, it is thought that using it in start-ups is advantageous since it boosts productivity.

The task of keeping a project's budget in check requires the use of comparative tools, cost-management techniques, and contingency plans. Any digital start-up that spends hours creating a healthy profit that shows a solid economic position in the market is regarded to have a tough time stabilising the economy. Finding repeatable and useful business models is a start-up’s primary goal since these models deal with tried-and-true methods of conducting business that promote growth, revenue, and healthy rivalry with rivals. Additionally, it has been noted that new companies have encountered certain difficulties while using these project management models or methodologies.

It is therefore evident that the majority of participants believe that in the current business climate, beginning businesses should concentrate on agile methods where they only pay attention to the quality of their products and the satisfaction of their customers, as well as on project management, which is the most crucial factor in the evolution of project management over the course of a start-up’s lifetime. Therefore, based on the results of this survey question, it is evident that the agile technique is one of the best business practices. This way lowers risk and promotes corporate flexibility, which is one of the crucial elements for start-up companies to offer customers with better service.

Item Type: Thesis (Masters)
Del Rosal, Victor
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HD Industries. Land use. Labor > Specific Industries > I.T. Industry
H Social Sciences > HD Industries. Land use. Labor > New Business Enterprises
Divisions: School of Business > Master of Science in Management
Depositing User: Tamara Malone
Date Deposited: 06 Apr 2023 15:06
Last Modified: 06 Apr 2023 15:06

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