Agile Vs. Traditional Project Management
Traditional methods such as PMBOK and PRINCE2 has been the standard of running projects all over the world for a long while now. In recent times, however, Agile methodologies have been gaining ground due to their responsiveness and flexibility in responding to the increasing Volatility, Uncertainty, Complexity, Ambiguity (VUCA) of business environments today. Some of the benefits of using agile in VUCA environments include: improved revenue, developing the right product (through iterative development and incremental delivery) and customer satisfaction (through collaboration). Because Agile itself is highly deregulated, It is not surprising that there are over twenty agile approaches in the world today; ranging from Scrum to Kanban, to Extreme Programming, to DSDM, to DAD, to SaFE, the list goes on. All these agile approaches are effective in their own way.