Agile Methodology
Team works in phases in agile and deadlines are short. This is an incremental and iterative approach. Agile is done in sprints and allows requirements to change over time. This will help to incorporate feedback from the stakeholders.
Benefits of Agile
- Flexible with the change
- Efficient communication and empower team to make decisions
- Customer focused approach
- Fast Software development life cycle
Waterfall Methodology
"Linear form of project management ideal for projects where the end result is clearly established from the beginning of the project. The expectations for the project and the deliverables of each stage are clear and are required in order to progress to the next phase" (Forbes.com). This method will provide you with clear plan from start to end. Each phase should have deliverable to start the next phase.
Benefits of Waterfall
- Easy costing
- Progress can be measured clearly
- Team roles are defined well
- Scope of work is defined well
Comparison of Agile and Waterfall
|
Agile |
Waterfall |
|
Plan for sprints |
Start to finish project plan |
|
Teams
of 3-9 people |
Large
teams |
|
Change is accepted |
Resist to change |
|
Frequent
customer involvement |
Occasional
customer involvement |
These each method is different and can be utilised in different situations. If project outcomes are clear from the beginning, best fit would be waterfall methodology. whereas Agile is a suitable method for is project is conducted in fast changing circumstances and the final deliverable is not clear for the team. Currently agile methodology is widely used due its flexibility in many projects.
References
https://www.forbes.com/advisor/business/agile-vs-waterfall-methodology/
https://project-management.com/agile-vs-waterfall/

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