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The Waterfall methodology is an approach to project management where you break down a large project into clear-cut linear stages, from requirementgathering to implementation. Yes, even in 2021, a wide range of companies use the Waterfall methodology in various industries. Cover all your bases in the requirements phase.
35% of projects fail due to inaccurate requirementsgathering, 29% because of inadequate risk assessment, and so on. Set a clear vision and roadmap that aligns with your project goals. Projects that lack vision and direction are unlikely to inspire employees. Image Source ). That’s why a project roadmap is so important.
According to a 2021 PMI project management study, the most common reasons for project failure are related to poor upfront planning and unforeseen change. Weak requirementsgathering, poor planning, inadequate vision — these are all avoidable issues. Pre-design: completing the requirementsgathering report.
You start with the requirementsgathering stage and keep going down until the project is over. In 2021, every business is a technology business — to a certain extent. Instead of prolonged tunnel vision, it only lasts as long as the sprint. A wide variety of companies and teams in a wide range of industries use it in 2021.
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