Agile and PRINCE2 are two distinct project management methodologies. Agile emphasizes flexibility, collaboration, and iterative development, allowing teams to respond to changing requirements efficiently. PRINCE2 (Projects IN Controlled Environments) is a structured framework that provides a comprehensive approach to project management, with a focus on controlled processes, defined roles, and clear documentation. Some organizations choose to combine elements of both methodologies, leveraging Agile's adaptability within PRINCE2's structured framework. This hybrid approach aims to balance the benefits of iterative development with the governance and control offered by PRINCE2, catering to varying project needs and environments.