Choice of traditional or agile business analysis approach - A decision model to determine the use of the traditional versus agile business analysis paradigm

Abstract

The business analysis/project management approach is a key factor in project success or failure in the field of information systems. There are mainly two frameworks: the traditional and the agile approach. While the former is plan-driven and predictive, the latter is change-driven and adaptive in nature. A transition from traditional to agile methodologies can be observed, attributable to the fast-changing market conditions of today's economy, new technologies, and many other factors. Both approaches have advantages and disadvantages that limit their application areas. Another approach is the hybrid paradigm, combining elements of the two abovementioned approaches.