Agile project management is a flexible and iterative approach to delivering value to customers and stakeholders. Agile projects are built around motivated individuals who collaborate and communicate effectively, deliver working products frequently, and respond to changing requirements and feedback1. Motivation is a key factor that influences the performance, satisfaction, and retention of agile team members2. According to the agile manifesto, one of the principles of agile project management is to "build projects around motivated individuals. Give them the environment and support they need, and trust them to get the job done"3. Therefore, the project manager should implement a reward system that aligns with the agile values and principles, and that recognizes and reinforces the team’s achievements, contributions, and behaviors. A reward system can include both intrinsic and extrinsic rewards, such as feedback, recognition, appreciation, autonomy, mastery, purpose, growth, learning, fun, collaboration, innovation, and compensation45. A reward system should be tailored to the needs, preferences, and goals of each team member, and should be fair, transparent, and consistent. A reward system should also be flexible and adaptable, and should be reviewed and improved regularly based on the team’s feedback and performance. References:
What Is Agile Project Management? | A Comprehensive Guide
Motivation and Drive in Agile Teams - InfoQ
Manifesto for Agile Software Development
Motivation - the Agile Way! - Mind Tools
How can Agile leaders create and motivate effective teams?
[Rewarding Agile Teams, What are the options?]