Waterfall methodology is a traditional project management approach that follows a sequential process. This process begins with planning and moves through design, development, testing, and implementation. Waterfall methodology is beneficial because it emphasizes detailed planning and documentation, which helps prevent miscommunications and errors during the project’s implementation phase.

Agile methodology, on the other hand, is a more flexible approach that emphasizes iterative development and adaptability. Agile methodology prioritizes customer satisfaction by involving customers throughout the development process and incorporating their feedback into the product.