Providing a Competitive Edge to Executive Compensation

The Agile Manifesto was published in 2001 as a method for software development. For nearly twenty years, project managers have engaged in debates regarding the practical application of a true Agile approach in a space that has been dominated by the Traditional approach, also known as waterfall. Agile challenges the linear, governance-focused tenants of Traditional project management theory by driving product speed-to-market through empowered teams. Agile is light on documentation, tools and processes. There is certainly an appeal to dynamic and interactive scrum calls, empowered project teams and quick release schedules. Unfortunately, this approach has the potential to fall short within highly regulated, complex corporate environments that are bound by rigorous risk and audit requirements. The Hybrid approach finds its strengths in promoting the best of both Agile and Traditional approaches.