Free PMI Project Management Professional (PMP) Practice Question

The predictive (or waterfall) methodology is the best approach for this project because it is characterized by well-defined requirements, a fixed budget, and a tight deadline. In predictive projects, the scope, schedule, and cost are determined in the early phases and are not expected to change significantly. This methodology follows a sequential process, with each phase being completed before moving on to the next. Agile methodologies, on the other hand, are more suitable for projects with evolving requirements and a higher degree of uncertainty. Hybrid approaches combine elements of both predictive and agile methodologies, making them suitable for projects that have a mix of well-defined and evolving requirements.