In the classifications of project management methodologies, there is a lot of confusion with regards to the methodology, framework, method, technique, or process. We will discuss two possible approaches: modern and traditional. Both of these have their own advantages and disadvantages according to the scenario in which they are used.
The traditional approach utilizes conventional tried-and-tested methods and is generally better when it comes to so-called printing-by-numbers projects, that is, larger projects that include clearly defined activities and phases, such as building projects or the implementation of a new operating system within the company.
The traditional approach is characterized by stricter rules (for communication, documentation, and plan changes), a greater role of the project manager, and once the project design is finished, it does not change.
By contrast, modern, agile or iterative approaches are better for the so-called R &...