Project management is a broad spectrum involving an array of techniques, of which the top two methodologies are Waterfall and Agile. Waterfall follows a structured approach to managing projects, while Agile focuses on flexibility and adaptiveness. They may seem starkly different at first, but are related on a granular level. Let's explore the details of each technique to examine the differences.
Structured project management
Every project in the sphere of traditional project management progresses through distinct and sequential phases. From upfront planning and detailed documentation to predictable timelines and a straightforward approach, structured project management with its waterfall methodology fits perfectly for teams with consistent requirements and tolerates lesser risk.
However, if the requirements of your project are subject to change with time and require flexibility to operate, considering an iterative model of project management tops the structured approach.
Agile project management
The popularity of agile attributes to its flexible approach specifically designed for projects with evolving needs. Agile projects follow an iterative approach to deliver projects in small incremental releases, with continuous improvement. It accommodates changes at every stage, ensuring relevancy in long-span projects.
Even as agile is ideal to collaborate with customers and incorporate their feedback, it does have a few withholding factors. As the requirements keep changing, the delivery time or cost of the project is unpredictable and could multiply as the project progresses. The agile process also does not rely on detailed documentation, which could hinder consensus between different teams involved.
Hybrid project management
The evolution of hybrid project management, which combines the strengths of both Waterfall and Agile project management, represents the rise in need for organizations to expand their scope beyond the cliche management methodologies.
Hybrid project management aims to ascend on the strong pillars of Waterfall: end-to-end planning, well-written documents, strict timelines and budget, and Agile: iterative development, adaptive to change, incremental deliverables, and improved collaboration.
Hybrid project management model introduces a balanced approach where the organizations get to choose what works best for them. For large organizations with various teams following diverse approaches, the hybrid model is a perfect fit, as the teams can continue to work on the method relevant to them and also collaborate with the other teams following different methods, all within the same platform.
Why Zoho Projects Plus
Zoho Projects Plus is a hybrid project management software that helps organizations embrace diverse project management techniques for independent teams while also using a single platform to arrive at data-driven insights.
This integrated suite can be used to run classic projects with a structured approach and also agile projects with a flexible approach.
It also offers a content collaboration platform offered to store, share, manage, and work together on project files, serving as a repository for all project related documents. To top it off, the management team can collate the analytics of all projects and derive meaningful insights, irrespective of the project management method followed.
Benefits of the bundle
- Combining diverse project management techniques
- With Zoho Projects your teams can follow a traditional waterfall approach to manage their projects while also making use of Kanban and Gantt. Zoho Sprints’s Agile project management method lets teams manage and track agile projects with incremental releases, ensuring continuous improvement.
- A single repository for all your project documents
- Store all your project documents, spreadsheets, and slides from Zoho Projects and Zoho Sprints, in a single repository and access them anytime using Zoho WorkDrive.
- Collate your data in a single software
- Managing projects from a single software, instead of multiple ones, helps you converge the data under one hood. Well-maintained data is easy to access and process.
- Arrive at data-driven decisions
- Our in-house analytics software, Zoho Analytics, gathers data from Zoho Projects and Zoho Sprints and builds a personalized dashboard for you. This helps you view your project progress, gain insights, and make better decisions.