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Agile vs. Waterfall vs. Hybrid vs. Lean
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Getting a team to successfully align on a project plan, when creating a digital product, can be difficult. It can be due to a number of factors, such as cost, the members of the team (experience, age, personal preference, etc.), technological limitations, and of course, time.
When these factors aren’t properly weighed and taken into consideration:
1. Tension and communication breakdowns between teams can occur.
2. Lackluster solutions are formed.
3. The business and the users, end up with a disappointing product.
Specific Project Plans
Project plans, particularly when creating a digital product, are determined by frameworks. These frameworks define necessary steps, methods of communication, and actions that need to be performed between different departments, in order to successfully deliver a product.
Defining the Different Types of Frameworks:
Waterfall
Known as the sequential framework, where the process is executed in a linear format, rather than an iterative cycle. This framework allows for higher quality craft and design, but its rigid structure does not allow for a high degree of flexibility and iterations, and mistakes are costly.

Agile
Known as the iterative process, where each stage is done in multiple sprints of the same iterative cycle. This framework allows for development speed, low cost, along with a focus on quickly finding mistakes. However, due to the speed of this process, the tight deadlines can cause a drop in overall quality.

Hybrid
This framework is initially sequential, and then iterative throughout the development process. The Hybrid model creates a disciplined timeline that allows for client alignment, but still flexible enough to iterate and refine. Due to the sudden shift from sequential to iterative, strong project management is needed, in order to keep the project’s decision making on track.

Lean
This framework focuses specifically on the minimal viable product, where the MVP is completed before considering extra features/content. The Lean model narrows down the prime focus of what needs to be created, but sometimes the product does not hit its potential ceiling, and sometimes may not be seen as a viable product within the market.

Nobody has a concrete answer as to which framework is the best, but people definitely have their opinions and insights, based on experience.