5 benefits of the Waterfall methodology
There is a range of benefits to the Waterfall methodology. How appropriate they are will depend on each individual project and the team behind it. However, generally, the benefits of the Waterfall model that we can expect include:
As the requirements analysis stage in a Waterfall project is so robust and thorough, there are clear and consistent requirements established at the beginning of the project and continuing throughout. As there is no returning to stages once they have been completed, these requirements do not change as the project advances.
Having a steady, stable target helps to keep all development work highly focused.
A key component of a Waterfall approach is detailed documentation for each stage of the project’s life cycle. This documentation ensures that every member of the team is on the same page at any given point and it is easy to measure controlled progress throughout the project. While this may be time-consuming, it is very advantageous for the development team, client, and stakeholders involved.
Easy to measure progress and set timeframes
As there is a clear and tangible structure through which the development work passes, it is much easier to measure progress and set realistic timeframes for work to be completed. As you know that a certain stage can’t begin until another is finished, it helps to more accurately predict what will come next and when. In this way, the project stays on track for all parties involved.
Keeps project management simple
Project management within a Waterfall methodology is very simple and clear-cut. Matters are a lot less complicated when they follow such a cohesive structure. There can be no overlapping of teams that confuses progress and everything can be conducted without miscommunication or stepping on toes.
Simple budget predictions
With clearly-defined, sequential stages, it is easier to predict how your budget will be used in a project. Budgeting can be tricky and complex in software development, but with a Waterfall approach, a software development company can more easily divide their budget and plan its costs from the beginning. This keeps clients and stakeholders informed as early as possible too, which is always a plus.