Many organizations struggle to understand which project management framework works best in their environment. This presentation discusses the pros and cons of following a single best practice framework – when it makes sense to follow a traditional “waterfall” approach and when the “agile” framework is more appropriate. Waterfall and agile approaches are compared and contrasted. The opportunities and challenges of adopting a hybrid approach are highlighted. Emphasis is placed on audience engagement and sharing real-world experiences. Questions are posed to help determine the circumstances under which each framework is most likely to succeed, and helpful hints are offered.