Over the years, many organizations have invested heavily in creating or deploying project management frameworks. PRINCE 2 is a widely-adopted project management methodology, which was developed by a UK government agency and is used extensively within the UK as the management standard for its public projects. The origins of PRINCE 2 began when the sequential “waterfall” method for delivering software projects was the dominant paradigm. However, regular revolution and increasing competition in the IT industry results in organizations seeking a more flexible management method; some of them already turned to Agile practices in an effort to improve their response to business changes. Well, do the traditional project management techniques like PRINCE 2 add value to an Agile environment? Is there any way we could combine these two methodologies to work together.