Each red circle is a Phase of the project, starting at the top of the circle with the project initiation being the first phase.
- Waterfall project management is a sequential, linear process, consisting of several distinct phases. This model takes its name from the cascading "flow" of its life cycle, which moves downward (akin to a waterfall) through the stages of development.
- In the Iterative model, the process starts with a simple implementation of a small set of the software requirements and iteratively enhances the evolving versions until the complete system is integrated and ready to be deployed. There may be multiple deployments throughout the process or one at the end of the project.
- Agile project management is an approach based on delivering requirements iteratively and incrementally throughout the project life cycle. At the core of Agile is the requirement to exhibit central values and behaviors of trust, flexibility, empowerment, and collaboration. In an Agile project, there will be multiple deployments.
The Monitor and Control Phase oversees all the tasks and metrics necessary to endure that the approved project is within scope, on time, and on budget so that it proceeds with minimal risk. This process is continuously performed through the life of the project, so it is indicated s the overall grey circle encompassing the Framework.
Framework Phases
Project Initiation
Project Planning
Project Execution
Project Monitor & Control
Project Closure