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18F basically follows the process you just described and calls it the agile with a straight face.

https://guides.18f.gov/agile/18f-agile-approach/




Most "Agile" proponents think of Waterfall as diagram 1 from the Waterfall paper, when in fact diagram 1 was the process Waterfall aimed to replace. It mostly gets used as a straw man process to oppose, few people seem to have ever read the Waterfall paper to begin with.




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