This report provides a detailed comparison between the PMBOK (Project Management Body of Knowledge) and Agile project management methodologies. It begins with an executive summary highlighting the core differences and objectives. The report then introduces both methodologies, explaining the five process groups and ten knowledge areas of PMBOK, and the iterative, adaptive nature of Agile, including its core principles and the SCRUM framework. A comprehensive analysis follows, contrasting the two approaches, discussing their applicability in various project types, and examining their strengths and weaknesses. The report explores the project management processes of PMBOK, including initiating, planning, executing, monitoring and controlling, and closing phases. It also delves into the knowledge areas like scope, time, cost, and risk management. In contrast, it explains the Agile approach, its emphasis on continuous feedback, and the SCRUM framework, including its roles, events, and deliverables. The report concludes by providing insights into the practical applicability of each method, helping project managers choose the most suitable approach based on project requirements. The report, contributed by a student, is published on Desklib, a platform providing AI-based study tools.
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