The Difference between Agile and the Iron Triangle of Waterfall of Project Management - Essay Example

She describes it as the management of uncertainties. She denotes that Agile embraces change by determining the requirements of a project and implementing them throughout the project thereby making it easy to accommodate any changes. The other difference, according to Erin, is that the Agile approach promotes the implementation of user stories in which common risks are mitigated and return on investment realized.

According to Erin, the Agile approach drives the scope while the Iron Triangle of Waterfall fixes it. In this case, the Iron Triangle determines the scope of a project before estimating the effort needed to make the project a reality. Finally, the time required and budget needed for the implementation of the project is derived from these estimates (Erin). An Agile project, on the contrary, begins with a high-level build-up of features and allows for the selection of specific user stories needed for implementation throughout the project. In this case, the project scope is defined in the entire project hence the feeling that it changes in the entire process. After a clear analysis of Erin’s lecture, it is important to note that the Agile approach can be used in personal projects. When used, cases of project inflexibility and uncertainties can be avoided.