INTRODUCTION TO SOFTWARE ENGINEERING
WATERFALL MODEL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Agile
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Waterfall
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Either A or B
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None of the above
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Detailed explanation-1: -So, the best fit projects for execution under a Fixed price agreement would ideally be small to medium in size, where the project requirements are well defined in advance. The Waterfall model can be used for executing such a project.
Detailed explanation-2: -What is it? The waterfall method allocates budgets to different channels based on their efficiency. Effectively, it involves placing full funding into the best performing channels in order to capture demand as measured through cost per acquisition (CPA) and return on ad spend (ROAS) goals.
Detailed explanation-3: -The advantages of the waterfall methodology are that: Requirements are completed early in the project, enabling the team to define the entire project scope, create a complete schedule, and design the overall application.