Hybrid Approach to Project Management: Still Have a Long Way to Go

Abstract

Project success has been inevitably influenced by project management approaches. Researchers and project managers have studied and adopted three different approaches, namely traditional, agile and hybrid, to explore the most suitable approach for the development and success of projects. In this study, the literature research method has been applied. Comparison of the performance, which were provided by previous studies, among three approaches in the fields of technology-based products and services, education and a wide range of international cross-industry projects have been made in the article to prob into the most effective project management approach. Even if the case studies from the literature review were mainly based on some certain countries and regions, which may affect the correctness of the universality of the conclusion, it is noticeable that although more reliable data is needed, currently hybrid approach has been regarded as the most favorable one with both advantages from traditional and agile approaches.