You are working for an IT solution development company as a project manager. Your company is having global customers and team members are from different countries. Most of the time you are having frequent requirement changes and technology changes. The top management team is requesting you to make a decision whether they need to follow the traditional project management process or they need to change the traditional project management process.

You need to provide the report to the top management to explain whether traditional project management is suitable for them or not. You need to briefly explain problems associate with the traditional approach. They are expecting to see solutions for the identified problems as well.

Write the answer like report.