“We’re over budget since some stakeholders wanted to add additional requirements to the pre-defined scope.”
Situations like the one above make it extremely important to pick the correct methodology when determining how to approach a project to maximize the rate of return while keeping stakeholders satisfied. While Agile, Waterfall, and Hybrid have their strengths, matching the methodology to the project’s unique needs is key.
- Agile for Flexibility: Agile is ideal when adaptability is important with evolving requirements or quick feedback loops that require an iterative approach. Agile allows teams to pivot as they gather insights, making it perfect for projects where collaboration and quick responses are critical.
- Waterfall for Predictability: When project requirements are well-defined from the start, Waterfall’s structured, sequential approach provides stability and clarity. With each phase completed before moving on to the next, Waterfall is effective for projects that prioritize a controlled, predictable workflow with minimal need for project adjustments during the course.
- Hybrid: Hybrid combines the structure of Waterfall with the adaptability of Agile, making it well-suited for projects that need both a strong foundation and room for flexibility. It allows teams to use Agile sprints within a Waterfall framework, giving flexibility where needed without losing the structure for larger milestones.
Selecting the correct methodology involves aligning the approach with project goals, team needs, and client expectations. With a tailored methodology, projects can achieve clarity, efficiency, and success.
Contact us if you would like to discuss how Mesa’s PMO can help you determine a suitable method for your project.