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Time boxing is a simple technique, most frequently used to supervise and plan time in software development projects. The best part of time boxing strategy is that it holds quality aspect as constant and at the same time decreases scope to meet the schedule without any glitches.
There are fundamentally two ways to approach a given task. Either, we have to work painstakingly until the given job is completed or we have to stipulate the amount of time at our disposal and perform it to the best of our ability. This second approach is popularly known as `Time boxing'. Project managers are always looking out for techniques that are good at trimming down cost and time without adversely affecting the quality of the deliverables. For instance, while creating a newfangled IT system, by dividing the project into multiples of separate time periods (of maximum two to six weeks long duration), one can easily allocate budget and give deadline to each and every time period. By successfully completing one stage at a time, a project can be delivered on time without any delay.
A time box is a fixed period of short time within which all the members of a team strive to meet a specific objective. If the team fails to accomplish the project in time, it is considered as a failure and will be rescheduled or cancelled. It allows the decision-makers to make prudent decisions on future course of actions of a project relating to the below variables |