![]() ![]() When following the waterfall project management methodology, there are five distinct phases. Phases of the Waterfall Project Management Methodology Essentially, it is the opposite approach of agile project management, where adjustments and adaptations are made continuously throughout a project to consider feedback and other alternations as they arise. Because of this, it is preferred when there are clearly defined goals and processes in place. Once a stage closes and the next begins, it can be difficult and expensive to revisit a previous stage using this method. Much like a waterfall cascade, one process cannot start until the other has been completed and approved. The name is derived from the linear strategy wherein one category “falls” into the next. The waterfall approach to project management methodology is a strategy that is used to manage all aspects of a project using a linear and sequential process. The waterfall project management methodology has dominated the industry for decades and is still preferred within many organizations. If the project or goals aren’t blatantly better suited for one over another, consider the company’s objectives, culture, and preferences when choosing. Certain projects simply align better with some methods than others. First and foremost, one must consider the project itself. To determine which methodology is best, the project manager must consider several factors. ![]() Some of the most commonly used strategies include Lean, Scrum, Critical Path, Kanban, Six Sigma, Prince2®, Agile, and Waterfall. There are a plethora of popular project management methodologies that each have their strengths and weaknesses and best use cases. Project management is a broad term that encompasses several methods and strategies that are used to develop, plan, organize, and execute all phases of a project’s lifecycle. ![]()
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