✏️ Explanatory Question

Explain the Waterfall methodology and when it should be used.

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Answer with Explanation

The Waterfall methodology is a sequential and linear approach where the project progresses through clearly defined phases:

  1. Requirements

  2. System design

  3. Implementation

  4. Integration and testing

  5. Maintenance

Each phase must be completed and approved before moving to the next.

When to use Waterfall:

  • Requirements are well-defined and stable

  • Project scope is unlikely to change

  • The project is relatively simple

  • The solution is delivered all at once

In Finance and Operations, Waterfall works well for straightforward implementations with minimal customization.