In this chapter, the authors highlight that the challenges related to managing modern projects are that the management problems have changed since traditional project management methods were developed. This calls for new project management methods, adapted to situations of rapid technological change and flexibility. The authors identify and highlight the limitations of both traditional and agile management methods. They pay special attention to such project characteristics as obstacles to agility, skills, leadership, stakeholders and customers. They discuss hybrid project management and identify which method is the best fit in a given situation.