What are the key differences between adaptive and predictive project management approaches and how can they impact the success of a project?

Adaptive project management focuses on flexibility and responding to changes during the project, while predictive project management relies on detailed planning and following a set schedule. The key difference lies in their approach to uncertainty and change. Adaptive project management can be more effective in dynamic environments where requirements are likely to change, while predictive project management may be better suited for projects with well-defined goals and stable requirements. The choice between the two approaches can significantly impact the success of a project, as selecting the wrong approach can lead to delays, cost overruns, and ultimately project failure.