According to the Oxford Dictionary (2014), a project can be defined as “an individual or collaborative undertaking carefully planned to achieve a particular objective”. While the Association of Project Management defines a project as “a single, transitory undertaking, undertaken to achieve planned objectives, which could be defined in terms of outcomes, outcomes or benefits. » (Apm, nd). Project management can then be defined as the use of certain skills and applications to effectively and efficiently achieve a project objective and improve an entity's ability to operate in competitive markets. (PMI, 2014).Great Britain: Office of Government Commerce (2009), defines project management as the planning, delegation of control and monitoring of a project to achieve quality objectives on time, on budget and the agreed scope. project, a number of project management techniques must be employed. This is where the concept of project methodologies comes into play. Over the years, various project management methodologies or approaches have been discovered and evolved. These methodologies have been adapted to solve different types of projects and scenarios and often exist in several variations. However, there are a number of fixed concepts that are constant across all PM methodologies: - Time - Scope - Cost This report focuses on two of these methodologies. Agile Agile methodology is a lightweight, less traditional project method that occurs in repetitive bottom-up cycles until the completion of a project. This methodology is mainly applied in the field of information technology and software development. Agile is typically used for small to medium scale projects or products, but has been shown to work and...... middle of paper ...... Command and control (multiple authorities)4 Flexible (less pressure) Rigid (Pressure)5 Linear development process Short iterations6 Requirements specified at the start Users supported throughout the processConclusionsIn a world of more complex projects where requirements often change on a daily basis, affected by trends and competition. A methodology that allows flexibility at different stages is recommended. Works Cited Beck, K., Beedle, M., Van Bennekum, A., Cockburn, A., Cunningham, W., Fowler, M. and Thomas, D. (2001 ). Manifesto for agile software development. Royce, W. (1970, August). Manage the development of large software systems. In Proceedings of IEEE WESCON (Vol. 26, No. 8). Livermore, J.A. (March 2007). Factors that impact the implementation of an agile software development methodology. In SoutheastCon, 2007. Proceedings. IEEE (pp. 82-86). IEEE.