Risk management differs greatly between Agile and traditional models. In traditional approaches, risks are often identified early and mitigation strategies are put in place before the project begins. Agile manages risks iteratively, with each sprint providing opportunities to assess risks and implement solutions on an ongoing basis.
Documentation is another area where Agile and traditional project management differ. Traditional methods tend to require extensive documentation before the project begins and throughout its phases. Agile values working software over comprehensive documentation, prioritising functionality and customer feedback instead of detailed written reports.
In traditional models, projects are typically more rigid in terms of scope, time, and cost. Agile allows for a flexible scope, meaning that features can be adjusted or added as the project progresses. This flexibility makes Agile particularly suitable for projects where requirements may change over time or are not fully understood at the start.
The pace of delivery is another key contrast between Agile and traditional models. Traditional models typically work towards a final deliverable that may take months or even years to complete. With Agile, development occurs in smaller cycles, delivering value regularly and allowing for quick adjustments based on feedback.
Agile Project Management offers a more adaptive and flexible approach compared to traditional models. It focuses on collaboration, flexibility, and delivering value incrementally, which makes it ideal for dynamic, evolving projects. Traditional project management, while effective in certain contexts, can be less responsive to changes and customer feedback.