Project Management Model
Project Management Model
Since the 1970’s, Waterfall Project Management has been the leading
methodology for project managers to drive projects forward, track progress,
and hold team members accountable to due dates and deliverables.
In the past 15 years, new frameworks and methodologies such as Agile and
Kanban, have taken over as the popular and cutting-edge project
management styles, leaving Waterfall to seem dated and “old school.” This
has many wondering if Waterfall is a dead methodology that makes a
company seem stuck in the past. In the technology industry, being perceived
as lagging behind is a bad place to be.
Another popular reason is that Agile highlights issues sooner. With Agile,
some portion of product is deployed to stakeholders for immediate feedback,
allowing the team to adjust along the way. Waterfall forces stakeholders to
wait months or even years before seeing a working product.
Despite these arguments, Waterfall still holds value and, in some cases, can
be the better project management approach. Some common examples of
when Waterfall might be preferred are:
When outsourcing some or all of the development effort, Waterfall allows one
to more easily contract scope, duration, and budget.
Upfront planning gives ample time for other applications, business units, and
resources to plan necessary integration work into their own schedule.
Having a definite timeline helps to more solidly determine budget, which
allows stakeholders to forecast spend more accurately.
Tasks for specific resources are listed out in the beginning so teams
understand the exact skill sets needed.
External technology environments related to the project are stable and
unlikely to change.
Existing Waterfall practitioners will be more effective running projects in a
familiar methodology.
Some projects, such as mergers and acquisitions or large-scale system
upgrades, demand a “big bang” approach that is well suited to Waterfall.