A Comparative Analysis of Agile vs. Traditional Project Management Approaches
Keywords:
Agile, traditional project management, Waterfall, iterative, flexibility, scope, stakeholder collaboration, risk management, time management, cost.Abstract
Project management is a critical component of ensuring project success, and two of the most commonly adopted approaches are Agile and traditional project management methodologies. While traditional project management, often referred to as "Waterfall," is based on a linear, sequential process, Agile methodology emphasizes flexibility, iterative progress, and collaboration. This paper aims to provide a comparative analysis of Agile and traditional project management, examining their core principles, advantages, challenges, and applicability to different project types. The analysis underscores the importance of choosing the right approach based on project scope, environment, and objectives.