<ul><li>Waterfall methodology follows a linear and sequential approach, suitable for projects with well-defined requirements.</li><li>Agile methodology is an iterative and flexible approach, encouraging frequent feedback and adjustments throughout the project lifecycle.</li><li>Effective requirement gathering techniques include brainstorming, document analysis, focus groups, interviews, observation, prototyping, and surveys.</li><li>Projects should be connected to business value, such as tangible assets and market share, or intangible brand reputation and strategic positioning.</li></ul>

Waterfall vs. Agile Project Management: Key Differences, Techniques, and Best Practices

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