Lean vs Agile vs Waterfall | What is Lean | Difference between Waterfall and Agile | Intellipaat | Summary and Q&A

TL;DR
Waterfall model has a long development lifecycle, Agile model allows for shorter release cycles and more customer feedback, and Lean model focuses on eliminating waste and improving work culture.
Key Insights
- 🥺 Waterfall model has a long development lifecycle, leading to outdated customer requirements by the time the product is finished.
- 😆 Agile model allows for shorter release cycles and prompt customer feedback, resulting in a more satisfied customer and accommodating future requirements.
- 💦 Lean model focuses on eliminating waste and improving work culture while still delivering a satisfactory product to customers.
- 🉐 The Agile and Lean models offer advantages over the Waterfall model by incorporating customer feedback and empowering employees.
- 🤪 The Lean model goes beyond Agile by actively seeking ways to eliminate waste and improve work culture.
- 🖤 The main problem with the Waterfall model is the lack of flexibility and delayed customer feedback.
- 🍰 Agile and Lean models address the problems of the Waterfall model by incorporating shorter release cycles and continuous improvement.
Transcript
hey guys welcome to the session by Intellipaat in this session we'll be discussing the differences between waterfalls agile and lean methodologies we'll be learning how these life cycles work and also before moving on with this session please subscribe to our channel so that you don't miss our upcoming videos now let us begin with this session so g... Read More
Questions & Answers
Q: What is the main problem with the Waterfall model?
The main problem with the Waterfall model is that the development lifecycle takes a long time, causing customer requirements to change by the time the product is finished.
Q: How does the Agile model address the problem?
The Agile model allows for shorter release cycles, which means that customer feedback can be obtained earlier. This allows for addressing any issues in the early releases and accommodating changes in future requirements.
Q: How is the Lean model different from Agile?
The Lean model incorporates the Agile methodology but also focuses on eliminating waste and improving work culture. It involves continuously looking for ways to save time and empowering employees to have a stronger team and better work culture.
Q: How does the Lean model benefit companies?
By eliminating waste and improving work culture, the Lean model not only delivers a satisfactory product to customers but also saves time and creates a better work environment for employees.
Summary & Key Takeaways
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Waterfall model: Development happens in one go, taking a long time and delaying customer feedback.
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Agile model: Releases occur in shorter intervals, allowing for customer feedback and accommodating future requirements.
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Lean model: Similar to Agile, but also focuses on eliminating waste and improving work culture.