Why is the waterfall model valuable in the management of information technology projects? Please explain your answer.
Time spent early on in software production can lead to greater economy later on in the software lifecycle; that is, a bug found in the early stages of the production lifecycle is much cheaper to fix than if it is discovered at a later time.
This is the central idea behind Big Design Up Front (BDUF) and the waterfall model - time spent early on making sure that requirements and design are absolutely correct will save you much time and effort ...
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