For this assignment, you will participate in a class discussion about the topic of Ethics in Project Management and Society.   The assignment consists of an initial post and at least two replies to others'.

Initial Post

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.