Module 3 Presentations
07/05/2024
Waterfall Model
The waterfall model is a sequential design process There are several well known and widely implemented waterfall methodologies, like PRINCE2 and PMI PMP
In general, these methodologies have stages that deal with what you need to do before a project, during a start up phase, a planning phase, an execution phase and a closing phase. They also then have a series of processes for managing work packages, exceptions, reporting, risks and issues
CMC Project Management
The Organisation for Professionals in Regulatory Affairs
17
Pro and Cons of the Waterfall Method Pro • Intensive planning identifies some GAPs in advance • Development Process tends to be better documented • Linear process is easier to understand and follow; teams fell often more comfortable with this approach Cons • Waterfall process requires tons of requirements in advance • Planning and system design takes a lot of effort and time • Change requests may occur during late phases • Changes have significant impact on project success • It’s hard to make decisions on the late phases • Waterfall can be applied in extremely difficult projects, like nuclear power plant, space ships, medicine*
* Phrase taken from PM handbook
CMC Project Management
The Organisation for Professionals in Regulatory Affairs
18
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