SYNTHESIS OF CASCADE AND AGILITY APPROACHES TO PROJECT MANAGEMENT

Abstract

This article examines the evolution of project management approaches from classical to agile, to modern hybrid approaches, as well as their synthesis. The results of a comparative analysis of classical and agile project management methodologies, such as Waterfall, Agile, Scrum, and Kanban, are presented, highlighting the main selection criteria, risks, and performance metrics. The focus is on their limitations and areas of application in modern conditions. Based on the conducted research, the need for a transition to agile management models that integrate the principles of predictability and control of the waterfall model with the adaptability and customer-focused nature of agile approaches is substantiated. Criteria for selecting the optimal balance of methodology within a hybrid methodology are identified, and key risks are identified and strategies for mitigating them are proposed. The scientific novelty of this work lies in the development of a comprehensive approach to the synthesis of agile development and strict regulatory frameworks characteristic of the financial, public, and healthcare sectors. The article also proposes a system of balanced metrics for assessing the effectiveness of hybrid project management, including indicators of productivity, quality, and engagement.