Application of Water fall and agile processes , Project governance , Budget controls

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Waterfall and Agile processes are both useful in project management, with different strengths and weaknesses. Project governance and budget controls are essential for successful project delivery.

Waterfall is a linear, sequential approach to project management, while Agile is iterative and flexible.
Waterfall is best suited to projects with well-defined requirements and a clear end goal, while Agile is better for projects with changing requirements and a need for flexibility.
Project governance involves establishing clear roles and responsibilities, decision-making processes, and communication channels.
Budget controls involve setting and monitoring project budgets, identifying and managing risks, and ensuring that resources are used efficiently.
Effective project management requires a combination of Waterfall and Agile processes, as well as strong project governance and budget controls.

Application of Water fall and agile processes , Project governance , Budget controls

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