Execution Ledger

Why the world's most criticized model is still the only one that builds bridges.

Author:Sambath Kumar Natarajan(Connect)Version:1.0

Waterfall (Legacy Reality)

Everyone hates it. Yet, 90% of massive systems (Banking Core, Telecom Infrastructure, Aerospace) still rely on it. Why?

The Truth About "Agile Fallacies"

Consultants sell Agile as a cure-all. But you cannot "iterate" a suspension bridge or a radiation therapy machine.

  • Cost of Change: In software, moving a button is cheap. In embedded systems, reflashing 10,000 ECUs is bankruptcy.
  • Contractual Gravity: When you sign a $500M vendor contract, the lawyers don't care about your "Sprint Goals". They care about milestones.

Waterfall vs Reality

TheoryRealityWhy It Survives
Linear PhasesOverlapping ChaosFunding requires defined gates
Perfect SpecsChange Requests ($$$)Vendors profit from ambiguity
No User FeedbackUAT Panic at the endUsers don't know what they want until they see it

When Waterfall Wins

  1. Fixed-Price Contracts: You cannot bid fixed-price on variable scope.
  2. Regulatory Compliance: FDA and FAA auditing trails are essentially Waterfall documentation deliverables.
  3. Hardware Dependencies: You can't deploy code to a chip that hasn't been fabricated.

[!WARNING] If you try to run Agile in a Fixed-Bid/Fixed-Scope environment, you are just doing micromanaged Waterfall with more meetings.

The Modern "V-Model"

Most successful hardware/software companies use the V-Model, which is just Waterfall with a testing conscience.