A project manager is leading a complex project that involves both software development and regulatory compliance tasks. The software development team follows Scrum, while the compliance team adheres to a more traditional Waterfall approach. What is the most effective way to manage this hybrid project?
Adopt a single methodology for the entire project to maintain consistency.
Allow each team to work independently and update progress in separate meetings.
Segment the project and manage the software development and regulatory compliance as entirely separate efforts.
Create an integrated project plan that coordinates activities from both the Scrum and Waterfall teams.