Explain waterfall methodologies and identify their relationship to the PMBOK® process groups.

Write a two to three (2-3) page paper in which you:

  1. Explain waterfall methodologies and identify their relationship to the PMBOK® process groups.
  2. Explain agile methodologies and identify their relationship to the PMBOK® process groups.
  3. Analyze the need for waterfall and agile methodologies.
  4. Explain the advantages of extreme programming (XP) and analyze the advantages of its application in high-budget short-time projects.
  5. Explain the factors to consider when selecting a project management methodology (Waterfall vs Agile).
  6. Use at least two (2) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
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