Agile methodology project management and Waterfall project management are two of the more popular methods for organizing projects. When determining how to plan and run your next project, you will likely start by comparing Agile and Waterfall project management to determine which is more suitable.
The waterfall is a more traditional approach to project management, involving a linear project flow. It is best for clearly defined projects with definitive timelines and well-defined deliverables from the outset. In other words, if your major project constraints are well understood and documented, Waterfall is likely your best option.
The core principles of Waterfall include:
As discussed earlier, Agile is an iterative, flexible approach to projects. This method splits a project into stages or “sprints,” allowing it to mature and evolve as you gain more information.
When deciding between Waterfall project management and Agile, it should ultimately come down to your end product’s maturity and how well you understand the project’s outcomes and requirements in the initiation phase.