This document discusses the waterfall model of software development. It describes the waterfall model as a sequential process where progress flows steadily from one phase to the next like a waterfall, including requirements, design, implementation, verification, and maintenance phases. However, the document notes that the waterfall model has several weaknesses. It does not allow for changes in requirements as the project progresses and forces redoing phases if changes are needed. This can lead to inefficient, poorly-designed software that takes a long time and high costs to develop.