Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet success criteria. Traditional project management follows a linear and sequential process, with a focus on delivering all requirements at the end of the project. On the other hand, Agile project management is a flexible and iterative approach that prioritizes customer collaboration, responding to change, and delivering working features incrementally throughout the project.

Key differences between traditional and Agile project management include the level of flexibility, the approach to change, the role of the project manager, and the communication and collaboration within the team. Traditional project management is best suited for projects with well-defined requirements and a stable scope, while Agile is more appropriate for projects that require frequent changes and continuous feedback from stakeholders. Understanding the strengths and weaknesses of each approach is essential for project managers to successfully deliver projects on time and within budget.

Key Lesson Concepts:

• Traditional project management follows a linear and sequential process, while Agile is a flexible and iterative approach.
• Traditional project management focuses on delivering all requirements at the end of the project, while Agile prioritizes delivering working features incrementally.
• Traditional project management is best for projects with well-defined requirements, while Agile is more suitable for projects that require frequent changes and continuous feedback.