Every project and team is unique. For example, certain projects may be straight forward and predictable while other projects are more complex and risky. These two different types of projects would have to be managed differently because of this. Likewise, different sized companies have different types of projects and different risk levels and therefore cannot me managed the same way. The project management institute has an interesting article explaining that one size does not fit all when managing a team. Different components that may affect project management style listed include what stage the project is in, what industry is the project for, what are the strategic goals of the organization, the the project plan-driven or change-driven, and how big or important the project is. I attached the link below for reference.

https://www.pmi.org/learning/library/choosing-right-project-approach-9346