Agile or Waterfall Project Management?
A million dollar question for organizations to deal with. On
one hand, there are huge teams, multi-year projects involving multiple business
units & the other is scalability, adaptability, faster go to markets &
quick value realization.
One Size fits all has always been a dream that never comes
true. What is important is to take a more relative approach considering an
organization’s or the project’s ecosystem.
With a well-oiled organization structure in place, one can
run projects in small agile teams tied to the larger goal of the project
initiative. But then a lot depends on the legacy processes and the culture of
the company when it comes to being agile.
Let’s save that discussion for another day and take a quick
look at what works best between the two, which to choose and when.