Agile, Scrum, and Waterfall each serve a purpose within enterprise project management. Agile drives adaptability and innovation. Scrum operationalizes Agile at the team level. Waterfall ensures structure and compliance for predictable outcomes. Large organizations that understand how to combine these approaches strategically will achieve balance between control and creativity, enabling sustainable digital transformation and long-term competitiveness.

In project management, selecting the right methodology can mean the difference between success and failure. Two of the most prominent frameworks Scrum and Waterfall offer fundamentally different approaches to managing and delivering projects. This blog will explore the differences between Scrum and Waterfall in detail, helping you understand when to apply each and how they impact planning, execution, collaboration, and outcomes.

In this blog, we’ll explore: 1. What a cost baseline is 2. Why cost baselines are important in project management 3. How traditional and Agile approaches to costs differ 4. Whether and how cost baselines are created in Agile projects 5. Tips for managing cost in Agile environments

Is the Waterfall methodology truly becoming extinct, or is it simply evolving to find its place in a modernized workflow?

Agile or Waterfall? How to Choose the Right Methodology for your Project