Deliverable Length:1000 words APA FormatAssignment Objectives:Demonstrate the significance of the Waterfall, Agile, Scrum, and Kanban approaches to project management.Differentiate between Waterfall, Agile, Scrum, and Kanban, in terms of processes and application.Assignment Details:In the Week 1 Individual Project (IP), you will describe the scope of work and plan high-level time lines, including key milestones, by using the waterfall and Agile scrum methods, separately, for the following project. (This project will be used throughout all of your IPs and DBs in this course.)Project Details: An information technology (IT) firm is working on a project to come up with a competing social medial product that provides all of the features provided by an existing social media platform and any other features requested by the marketing team, including specific features for certain user groups. The final product needs to be ready within 1 year. Consider how this project could be planned and executed using the traditional waterfall method and the Agile scrum method. The deliverable this week is a Word document of 2–3 pages (about 1,000 words; can include some charts or graphs) to show the high-level time line for each method. The time line for each method should show the difference of functions or characteristics by using different methods.
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