The Waterfall Method

• Waterfall method of product management involves several stages of development.
• The method starts with ideas and ends with deployment.
• The fatal flaw of the waterfall method is inaccurate business case due to unknown costs and revenue.
• Customer validation happens too late in the process, resulting in high risk at the end.
• The process becomes too focused on requirements gathering and documentation.
• Engineers are brought in too late in the process.
• Engineers are a good source of inspiration.
• Waterfall method is project-centric, leading to output that may not meet objectives.
• Product-based work is about outcome, while project-based work is about output.
• Flaws in the waterfall method can result in wastage of time and money.

Test your knowledge of the waterfall method of product management with this quiz! Explore the various stages of development and learn about the fatal flaw that can lead to inaccurate business cases and high risk at the end. Discover why customer validation should happen earlier in the process, and why focusing too much on requirements gathering and documentation can be problematic. Find out how bringing engineers in too late can impact the outcome and why a project-centric approach may not be the best way to achieve objectives. Don't miss out on this opportunity