As briefly mentioned above, another project management style is Agile. This unique project management style is centered around being a fast, flexible approach to a project that relies on collaboration and adaptability to get a project done. This style works in continuous project release iterations where each product is a little better than the last. This style has proven to work best in service oriented projects such as coding where each iteration can clean up the code form previous and add features while working out the bugs.

The pros to this service oriented project management style would be the involvement/ collaboration of all team members and the quick course corrections to be applied as needed. The cons to this management style would be its drawbacks when it comes to projects that have strictly defined requirements and scope. When this is not an issue, the lack of focus of scope could also concern stakeholders and executives alike until the first few iterations are complete.

Below is a link that further dives into this unique project management style. https://www.liquidplanner.com/blog/agile-v-waterfall-which-project-management-style-is-right-for-you/