What are the differences between a waterfall project and a PRINCE2 project?

LinkedIn - please spare us from these AI generated answers to dumb questions. Waterfall is a concept promoted by those who need an antonym for Agile. It is not a methodology and, as an approach, is mythical. PRINCE2 is a methodology. It covers the full project life cycle with a set of processes and descriptions of the organisation that will manage them. These two things are not remotely comparable.

Another piece of nonsense. Project management never has been defined by a life-cycle and there is no defined waterfall project management approach. Therefore there is not and cannot be waterfall project management.

Waterfall and PRINCE2 are two project management approaches. The waterfall is traditional, with upfront planning and sequential execution. PRINCE2 is flexible, with staged planning and parallel execution. The waterfall is good for well-defined projects with few unknowns. PRINCE2 is good for complex projects with potential for change.

More AI drivel. "Each stage ... must be completed before moving to the next one." Guess this AI Bot never heard of fast-tracking. "The project scope, budget, and timeline are fixed and agreed upon upfront" Nope. Not even possible. How can you possibly "fix" anything when nothing has been defined yet. "Changes are avoided or minimized." Why? Isn't this why we have change management?

This description of what it calls a "waterfall project" is hopelessly WRONG. It is full of untrue characterizations of "waterfall." Firstly, "waterfall" is NOT a project management methodology, so no project should be labeled as a "Waterfall Project. It is an approach to the development of a new product, which is only one part of a project. The idea that a "waterfall project" must follow a predefined set of stages from start to finish is WRONG. The idea that each stage must be completed before moving to the next one is WRONG. The idea that the scope, budget, and timeline are fixed and agreed upon upfront is WRONG. Finally, the idea that a so-called "waterfall project" is suitable only for simple projects is WRONG.

This artificial intelligence algorithm confuses terminology. Let‘s clarify: Waterfall is an approach. Prince2 is a methodology. There are fundamentally three approaches: 1. “Waterfall” - based on long-term planning, often in the form of a strict phase-gate sequence. The benefit: Predictability and order. 2. “Rolling wave“ - based on mid-term planning. The phase sequence is replaced with an iterative-incremental process model. Benefit: Progressive elaboration of schedule, scope, etc. 3. “Agile” - based on short-term planning with very short iterations. Benefit: Managing discovery, creativity, and frequent change. ________ Prince2 does not talk about planning horizons

No no no we have a mess here??dear AI Prince2 is a framework ( not methodology) that focuses on business case, iterative ( not sequential) Waterfall methodology so things to work with to obtain the output. Waterfall is not flexible, it is sequential ( in that it differs with prince2, but again it cant be compared) waterfall somehow is opposite to agile that in short

Oh please! Spare us from such garbage. This is only true because of the AI Bot's jaundiced view of some non-existent approach called "waterfall."

The differences between a waterfall project and a PRINCE2 project may not be as distinct as conventionally perceived. Both methodologies share the common goal of achieving project success. The discrepancy doesn't lie in their fundamental principles but in how project management practices are interpreted and applied. Waterfall is seen as traditional and linear, while PRINCE2 is considered more adaptable and contemporary. In reality, both approaches aim for efficient and effective project management. When viewed from a contrarian perspective, the perceived differences often result from rigid interpretations rather than inherent disparities. Both methodologies can achieve success when tailored to the project's unique demands.

As mentioned at the end of #5, "PRINCE2 approach for overall project governance and management, and a waterfall approach for specific phases or deliverables." When a project has different deliverables and expectations for different departments, the Prince=>Waterfall implementation works well, as long as the team is large enough so they are not over-tasked.