Comparative Analysis of Risk Management and Stakeholder Engagement in Traditional vs. Agile Project Management

  • Unique Paper ID: 167259
  • PageNo: 712-718
  • Abstract:
  • This paper examines the vital role of project management in achieving organizational success, with a focus on comparing risk management and stakeholder engagement in Traditional and Agile methodologies. As businesses face increasingly dynamic environments, Agile project management has gained prominence for its flexibility and adaptability to changing objectives. In contrast, Traditional project management is valued for its structured planning and predictability. Both approaches must effectively manage external influences and stakeholder expectations, which are key to delivering successful projects. This study highlights how risk management and stakeholder engagement differ between these methodologies, offering insights into their respective strengths and challenges.

Copyright & License

Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{167259,
        author = {Dhanshree Patil},
        title = {Comparative Analysis of Risk Management and Stakeholder Engagement in Traditional vs. Agile Project Management},
        journal = {International Journal of Innovative Research in Technology},
        year = {2024},
        volume = {11},
        number = {3},
        pages = {712-718},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=167259},
        abstract = {This paper examines the vital role of project management in achieving organizational success, with a focus on comparing risk management and stakeholder engagement in Traditional and Agile methodologies. As businesses face increasingly dynamic environments, Agile project management has gained prominence for its flexibility and adaptability to changing objectives. In contrast, Traditional project management is valued for its structured planning and predictability. Both approaches must effectively manage external influences and stakeholder expectations, which are key to delivering successful projects. This study highlights how risk management and stakeholder engagement differ between these methodologies, offering insights into their respective strengths and challenges.

},
        keywords = {Project Management, Risk Management, Stakeholder Engagement, Traditional Project Management, Agile Project Management, Flexibility, Structured Approach},
        month = {August},
        }

Cite This Article

Patil, D. (2024). Comparative Analysis of Risk Management and Stakeholder Engagement in Traditional vs. Agile Project Management. International Journal of Innovative Research in Technology (IJIRT), 11(3), 712–718.

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