Project management principles, performance, and value delivery are essential components of successful project management. Likewise, choosing an appropriate project development approach and life cycle model can significantly impact project development and success.  

1. What is the relationship between project management principles, performance, and value delivery? How can project managers ensure they employ practical project management principles to drive project performance and deliver maximum value to stakeholders?
2. What are the key differences between traditional project development approaches and Agile methodologies? How can project managers determine the most suitable approach for a given project? In what ways do different life cycle models, such as Waterfall or Scrum, impact project development and success?

Select one of the question groups above.  Draft an initial post demonstrating your understanding of the topic using assigned readings or any other appropriate source. 

Your initial submission should be a substantive post (~400+ words). Your response should include APA-compliant in-text citations and references. (If you are new to APA style, please see the APA style references located from the Citation Styles Link under the eCourse Portal QEP Tutorials page.