According to the Oxford dictionary (2014), a project can be defined as “A carefully planned individual or collaborative undertaking to achieve a particular objective”. While the Association of Project Management defines a project as “A unique and transitory effort, undertaken to achieve planned objectives, which may be defined in terms of outcomes, results or benefits”. (Apm, n.d.). Project management can therefore 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 competing 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 within agreed scope. To achieve a successful project, you must employ a number of project management techniques. This is where the concept of project methodologies comes into play. Over the years there has been the discovery and evolution of various project management methodologies or approaches. These methodologies have been adapted to solve different types of projects and scenarios and often exist in different variations. However, there are a number of fixed concepts that are constant with all PM methodologies and these are: - Time - Scope - Cost The focus of this report is on two of these methodologies. Agile Agile methodology is a lightweight, less traditional project method that occurs in repetitive ascending cycles until a project is completed. This methodology is mainly applied in the field of information technology and software development. Agile is generally used for small to medium scale projects or products, but has been proven to work and... middle of paper... Command and control (multiple authorities)4 Flexible (less pressure) Rigid (Pressure)5 Process linear development Short iterations6 Requirements specified at the beginning Users carried along for the entire processConclusionsIn the world of the most complicated projects where requirements often change daily influenced by trends and competition. A methodology that allows flexibility in the various phases is advisable. Works CitedBeck, K., Beedle, M., Van Bennekum, A., Cockburn, A., Cunningham, W., Fowler, M., & 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. (2007, March). Factors that influence the implementation of an agile software development methodology. In SoutheastCon, 2007. Proceedings. IEEE (pp. 82-86). IEEE.