Optimized Waterfall process: Is a common project methodology and it is a sequential design project method that was originally consider for software development but is now used for a diversity of project types. It is generally having 6 phases 1. Necessities 2. Design 3. Execution 4. Verification 5. Deployment 6. Preservation Payoffs of water fall process: There are several payoff of water fall process as follows a). proper for simple or smaller projects b). Requirements are well understood c). Easy to understand d). Easy to manage e). Clear milestones f). general documentation Pitfalls of water fall process: a). does not allow scope changes. b). does not allow for requirement changes. c). No working product until near completion of project. Solution Optimized Waterfall process: Is a common project methodology and it is a sequential design project method that was originally consider for software development but is now used for a diversity of project types. It is generally having 6 phases 1. Necessities 2. Design 3. Execution 4. Verification 5. Deployment 6. Preservation Payoffs of water fall process: There are several payoff of water fall process as follows a). proper for simple or smaller projects b). Requirements are well understood c). Easy to understand d). Easy to manage e). Clear milestones f). general documentation Pitfalls of water fall process: a). does not allow scope changes. b). does not allow for requirement changes. c). No working product until near completion of project..