Hybrid project management refers to an approach that combines elements of both traditional and agile project management methodologies. It is a flexible approach that adapts to the needs of the project and the organization, rather than adhering strictly to a specific methodology.

In hybrid project management, traditional project management methodologies such as Waterfall or PMBOK are used to plan and organize the project, while agile methodologies such as Scrum or Kanban are used to manage and deliver the project. The goal of hybrid project management is to take advantage of the benefits of both traditional and agile methodologies, such as the ability to plan and organize the project in advance, while also allowing for flexibility and adaptability as the project progresses.

One key aspect of hybrid project management is that it often requires more advanced project management tools so that project managers can make informed decisions in different situations.