Scrum principles are Inspection, Adaptation, and Transparency.Scrum values are Honesty, Openness, Courage, Respect, Focus, Trust, Empowerment, and Collaboration.In Scrum iteration is maximum 1 month.Sprint Planning is maximum 8 hours for a one month Sprint.Daily Standup Meeting is 15 minutes.Waterfall has similar meanings with plan-driven, traditional, sequential, anticipatory, predictive, prescriptive.Iterative has similar meanings with incremental and all-at-once.Balance predictive up front work with adaptive just-in-time work.LRM (Last Responsible Moment): Is the point that “Cost of not making decision” > “Cost of making decision” since at that point cost of deferring increases and becomes more than cost of deciding which ...