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Project Management : Waterfall Method Or Traditional Approach And Agile Approach

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APPROACHES TO PROJECT MANAGEMENT There are two most popular methodologies to Project Management are: Waterfall method or Traditional Approach and Agile approach. Waterfall/Traditional Approach: The traditional approach is a linear approach to software development where project goals, scope and timeline are decided and finalized prior to commencement in project activities. A waterfall project consists of various stages and each stage begins only when the predecessor stage is commenced. The project plan is predefined and provides the framework for the project execution. There are several advantages of adopting a waterfall method. The waterfall method is simple and linear; therefore there is no overlap between different phases. The requirements and plan are rigid and there is an agreement among all parties on project deliverables which serves as the basis for planning, designing and monitoring. Having clear and predefined requirements and design ensures better quality and error tracking efficient as identifying specific errors at design phase is simpler that testing phase. Also, project team members can have prior knowledge of their requirements and thus prepare in advance for the active project. Along with the abovementioned advantages the waterfall method has a few drawbacks. The design and requirements are often based on assumptions and sometimes what seems feasible on paper runs into roadblocks during actual implementation. The requirements and specifications are frozen

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