Wagile is a term that has been making rounds in the project management community, and it has caused quite a stir. The term is a combination of two words: "Waterfall" and "Agile". It essentially refers to a hybrid approach to project management that combines elements of the traditional Waterfall method and the Agile methodology.

The Waterfall method is a linear, sequential approach to project management that emphasizes a clear plan and strict schedule. On the other hand, Agile is a flexible, iterative approach that emphasizes collaboration, adaptability, and continuous improvement. By combining these two methods, the idea behind Wagile is to have a more balanced approach to project management that incorporates both the planning and control of Waterfall and the flexibility and collaboration of Agile.

The concept of Wagile has been met with mixed reactions. Some see it as a logical step forward in the evolution of project management, while others view it as a contradiction in terms and a negative approach. Proponents of Wagile argue that it addresses some of the weaknesses of both the Waterfall and Agile methodologies and offers a more balanced and effective approach to project management. They argue that Wagile allows teams to plan and control their projects while remaining flexible enough to adapt to changes and improvements.

On the other hand, critics argue that the combination of these two approaches undermines the fundamental principles of both methods and could lead to confusion and inefficiency. They argue that Agile is designed to be a completely different approach to project management and that combining it with the Waterfall method detracts from its effectiveness.

Despite the controversy surrounding Wagile, it has been adopted by a number of companies, particularly those in the technology and software development industries. Some companies have found that the hybrid approach suits their needs and allows them to balance the planning and control of Waterfall with the flexibility and collaboration of Agile.

In conclusion, whether or not Wagile is a positive or negative approach to project management depends on the individual needs of a company. While it has been criticized by some, it has been embraced by others and has proven to be an effective approach for some companies. Ultimately, the decision to use Wagile should be based on a thorough understanding of both the Waterfall and Agile methodologies and an evaluation of the company's specific needs and goals. 

The most important part of any methodology is to prove that approach delivers value to customers and in return back to the business.