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Lean vs Agile vs Waterfall

Category Lean Agile Waterfall
Primary Focus Eliminating waste, maximizing value Iterative delivery, customer collaboration Up-front planning, sequential execution
Approach Continuous improvement (Kaizen) Incremental, adaptive, short cycles (sprints) Linear, phase-by-phase (requirements → design → build → test → deploy)
Planning Style Just-in-time, minimal upfront Adaptive planning each iteration Heavy upfront planning
Flexibility High Very high Low
Change Handling Changes embraced to improve value Changes expected and integrated frequently Changes costly and disruptive
Customer Involvement Continuous value feedback Constant collaboration throughout project Mainly at start (requirements) and end (delivery)
Delivery Continuous flow Frequent increments Single large release at project end
Team Structure Small, cross-functional, empowered Cross-functional, self-organizing Defined roles and hierarchical structure
Best For Processes that can benefit from efficiency gains Complex, uncertain, evolving requirements Stable, fully known requirements
Risk Management Reduced via waste removal and rapid flow Reduced through early and continuous delivery Risk often discovered late in the lifecycle