Water-Scrum-Fall approach for finance institutions with Zoho Projects Plus

Finance is a highly regulated sector with strict rules and compliance requirements. Handling sensitive client data and complex transactions like multi-currency deals requires elaborate workflows and precise management. Implementing project management software to plan, regulate, and oversee the overall functioning of finance projects is crucial to maintain integrity and security. Modern finance institutions are on the lookout for easy-to-adapt and workable project management models like the ‘Water-Scrum-Fall’ approach. Let’s explore more about it in this article.

 

Business Scenario

 

Zylker, a finance institution, assists multiple clients with accounting, tax filing, capital raising, and maximizing profitability. Every new project they take up is managed with measured steps, detailed documentation, and predefined processes with strict deadlines. They are currently using Zoho Projects’ waterfall project management methods to plan, execute, and manage their projects.

 

The company is developing a finance software to digitize and automate their recurring processes. To achieve optimal results, the team is looking to employ agile project management methods for iterative development and expedited delivery. The team needs to list down the requirements as backlogs, release workable software in sprints, easily visualize to-do tasks in Kanban boards, collaborate effectively, and keep everyone informed on the updates.

 

Since Zylker is looking to use both waterfall and agile project management methods in specific phases, the ‘Water-Scrum-Fall’ approach suits best for them.

 

What’s the ‘Water-Scrum-Fall’ approach

 

Water-Scrum-Fall is a hybrid project management approach that combines the expertise of waterfall and agile project management methods in specific phases of the project. In this approach, the project starts with the waterfall approach supporting detailed planning and organization, followed by the scrum approach for faster and iterative development, and finishes with the waterfall approach for the deployment and maintenance phase.

Organizations looking to adapt agile right within the waterfall framework are recommended to use the ‘Water-Scrum-Fall’ approach.

 

 

Water-Scrum-Fall in Zoho Projects Plus

 

Zoho Projects Plus is a hybrid project management software solution that helps organizations embrace diverse project management techniques within a unified platform. It hosts:

• Projects, a comprehensive project management platform, that can easily carry out waterfall projects
  
• Sprints, an agile project management software, to plan and release projects in timeboxed sprints
  
• Analytics, a self-service business intelligence software, that helps gain detailed insights of the ongoing projects, irrespective of their management style
  
• WorkDrive, a centralized document repository, to store, access, and collaborate on project documents
  

 

With Zoho Projects Plus, Zylker can continue using Projects for their existing projects and ensure business continuity, while trying out Sprints to adapt agile work cycles. For instance, the new finance software can be entirely developed and managed using Sprints, while the initial planning, documentation, and standardization can be set using Projects. Teams can alternate between both tools, using the Water-Scrum-Fall approach to manage their work, and managers can get a combined analysis of the projects with hybrid dashboards in Analytics.

 

Ready to streamline your finance projects with our hybrid project management? Sign up for Zoho Projects Plus and try it out today! You can also visit our KB for detailed insights. If you have any questions or would like a walk-through, please email us at support@zohoprojectsplus.com

 

• Topic Participants

• Saranya Baskaran Lakshmi

  

• Sticky Posts

• Introducing Zoho Projects Plus!

  Just as each project you execute is unique, so is the project management requirement. Following a one-size-fits-all approach to managing your projects might limit the possibilities of exploration and advancement for your teams. Acknowledging this, project

• Recent Topics

• Trying to Add Tasks to Other Users Is Utterly Baffling

  As the title says, the process of trying to create a task for someone in my team is so unintuitive and illogical that I have given up trying to do it. This is a feature that I pay for but it is so poorly devised and implemented that my team has given

• Is it possible to set up draft content in Blueprint comment?

  In a Blueprint, during a Transition, we can make a Comment mandatory. Can we set the default value for the comment that will act as a draft/template for that comment? During some transitions, we need to leave a very specific comment, but want to offer

• Zoho Forms - Trigger Action on Form Update

  Hi Forms team, I had a scenario today where I found that a critical piece of information was not being passed into a form through a query string and this was resulting in a related Zoho Flow failing to update a CRM record. As the only trigger for Zoho

• Identify and clean hard bounce lists in Automation 2.0

  Hello. 1. I want to know how I can identify hard bounces in the lists I created to clean them before sending an email, given that the bounce rate has increased and it is necessary to clean the lists. 2. How can I exclude hard bounces and invalid emails

• Need quick explanation about FETCHING

  Hello, When I fetch records, for example : Variable = CustomerForm[ID != null] Are all the fields of the CustomerForm included in the variable or only the ID ? Another example: Variable_2 = CustomerForm[City = Chicago] Will I access to the full adress

• Is it possible to display a custom contact field in the ticket properties?

  I have a custom contact field called website. I want to show this on the ticker properties under the contact info (under the persons name). I can't figure out how to do this.

• Zoho Desk app update - AI Integration for IM Chats

  Hello everyone! We have now introduced AI integration for IM Chats within the Zoho Desk mobile app. To access the feature, please enable the 'Generative AI' settings on the desktop site(desk.zoho.com). Please refer to the help link attached below: Zoho

• Customer Support Portal

  Hi, As I am dealing with and waiting for help with a serious Zoho Mail issue, I tried to submit requests and manage my requests by logging into the Customer Support Portal, but it keeps saying that I do not have a valid email address and cannot login.

• Does Books link Sales Order to Purchase Orders?

  Should Books be linking Sales Order to Purchase Orders when a Sales Order converts to Purchase Order? The json response from Books has a key "salesorders" but it is always empty. What is or is not happening here?

• Misleading Notifications

  I have set a workflow so that unassigned tickets cannot have their Status changed to anything other than "New" The issue I have came across is that when you go to edit the status of a ticket, it doesn't not allow you to (which is good) BUT it still displays

• IM WhatsApp chat initiation

  WhatsApp is integrated on our Zoho Desk IM. Purpose of the integration was to offer a better client experience when communicating with clients. WhatsApp business cannot be managed effectively and multiple conversations cause some client chats to be missed.

• Adding a KB article link in a ticket crashes the website

  Hi there, for some time now we experience a problem where adding an article to a draft in a Ticket from the side bar crashes the website. When the crash happens, we need to close the tab and open it again. This causes us to reload the page and the whole

• Zoho CRM's revamped timeline view now extends to 3 years and support notes, filters, and email statuses

  Editions: All DCs: All Release plan: These enhancements are being rolled out to customers in a phased manner. They will be available to most organizations by the end of May. For organizations with huge volumes of data, they will be available by the end

• Different key account managers: want to send email notification upon form submission to the right person

  My organisation has several key account managers serving different companies. The form will be filled out by a representative of a company. I want the key account manager to receive an email notification with the form submission results when the form

• Hey!

  Hello, team! My account is blocked due to 554 5.1.8. Please read it and unlock it. Thank you in advance for my expulsion.

• Delete Old Meetings

  I don't understand why this is so difficult. I'm getting a message saying my storage us almost used up. OK. No problem. I have meetings from last year I can delete. But there is no obvious place to do that. When I click on the three dots to the right

• Item Search | Contains Feature

  The "CONTAINS" feature is limited to adding a single product description string while searching for the product. For product names that are 4 or more words long, containing different attributes like size, colour, design etc. it becomes difficult to locate

• Zoho standard and Zoiper

  Can I use the Standard Version and Zoiper ?

• Create New Tasks Layout in CRM

  I am able to do this in Leads, Contacts, Meetings, Calls - every other module, but cannot create a new layout in tasks. I have the appropriate access but it's simply not appearing as an option. Only "Standard" option shows. Please help!

• Novedades en Zoho CRM: primer trimestre de 2025

  Actualización de Zoho CRM para el primer trimestre de 2025 | Tiempo de lectura: 26 minutos ¡Hola, Español Zoho Community! Comenzamos este año con fuerza, con múltiples actualizaciones potentes y mejoras en tus funcionalidades favoritas. Además, estamos

• Project Management Bulletin: Q1 2025

  The first quarter of 2025 has flown by! Here at Zoho, we're pausing to appreciate all the goals we've hit so far. With this momentum in mind, we're excited to share our first edition of the Project Management Bulletin, where we'll discuss highlights from

• Màn hình trắng trống của Zoho Sites Editor

  Tôi sử dụng zoho sites tuy nhiên bị hiển thị màn hình trắng. URL: https://sitebuilder-884703264.zohositescontent.com/zcms/editor Hãy kiểm tra và sửa lỗi giúp tôi/

• Differences between Zoho Books and Zoho Billing

  Without a long drawn out process to compare these. If you were looking at these Books and Billing, what made you opt for one and not the other. Thanks

• Embed links between Learn manuals and articles

  Is there a way to embed links so that the user can access different Learn articles, from within an article? For example, in a Billing manual, in an article on New Client Billing, can I link to an article in a Records manual on Client File Setup? Thanks

• Access Multiple CRM Accounts With Single Sign-on

  Hello everyone, We are happy to announce that Zoho CRM now provides multi-organization support. What is multi-org support? In order to ease login and access to multiple Zoho CRM accounts, we came up with multi-org that allows users to use same email address

• Introducing Assessment-based Filters in Zoho Recruit

  We're thrilled to announce a handy new feature: Filtering Candidates by Assessment Answers. This tool allows you to refine your candidate search based on their performance in screening tests or assessments. It's a great way to find candidates who meet

• Editing data in Related List tables

  Hi, we have a related list table showing many quotes on our Client record. At present, we have to edit each quote record by entering each record and then going back to the Client record. Is there a way to edit the various fields shown in the related list

• Best practices for logging - Custom Scripts/Functions [How do you do it / Survey]

  Hi @all , I would be very interested to know how you log your functions and client scripts. Until now, I have always sent error messages and relevant logs to a central e-mail address, but this quickly becomes confusing and can clutter up my mailbox. How

• 【最新版】オンラインフォーラム 初めてガイド (2025年4月更新)

  お世話になっております。 ゾーホージャパン コミュニティチームです。 日頃より、Zoho コミュニティ オンラインフォーラムをご利用いただき、誠にありがとうございます。 このたび、「オンラインフォーラム 初めてガイド」を更新いたしましたのでご案内します。 これからフォーラムをご利用になる方や、あらためて利用方法をご確認されたい方は、ぜひご活用ください。 ◉オンラインフォーラム 初めてガイド こちらからご覧ください：https://writer.zohopublic.com/writer/published/2e1eed38a6e75da9f451787e82097f9dba22d

• [Webinar] Simplifying document workflows in financial services with Zoho Writer

  Creating, sharing, and distributing complex documents are constant challenges in the financial services industry. That's why our next webinar is focused on how to simplify these document workflows. Join us on April 10, 2025, for a Zoho Writer webinar

• Is there a way to add Expenses in a milestone or a task?

  Hi, I have a project that one milestone is a lumpsump and another milestone is billable time and material. Is there a way to add a specific milestone or task when adding an expense in my project?

• Welcome to Zoho IoT Community

  Hello all, Welcome to Zoho IoT’s community, your go-to space for all things IoT and all things intelligent. This community is built just for you, our customers, developers, partners, and fellow creators. Whether you're building your first IoT application,

• Let’s Talk Recruit: Are you still managing hiring manually?

  Welcome back to our Let’s Talk Recruit series! This time, we're talking about automation in hiring—the kind that saves you from the endless loop of manual updates, follow-ups, and status checks. You know the drill. You shortlist a candidate, send an email,

• Can I transfer Quote Grand Total to Deal Amount field?

  I would like the Deal to be updated with the Grand Total or Pre Tax Total field from the Quote. A deal may be an indicative price, but the Quote will be the exact price. It would be great to have the deal reflect the exact amount without the sales person

• Organisational Chart

  I can see from screenshots that Zoho people has organisations charts but cant seem to find it anywhere online.  Can you please direct me to the right place Below shows the screenshots I am talking about http://www.zoho.com/people/screenshot-tours/screenshot-tours.html#Organizationchart http://www.zoho.com/people/organization-chart.html Cheers Sam

• CUSTOMER PORTAL SIGN-UP FORM

  Is there a way to customise the customer self sign-up form so that it asks for FIRST-NAME and LAST-NAME? The field "Name" is likely to get people signing up like "Bob".   Also, is it still the case that we receive no notification of new user sign-ups? Is there a rule or workflow that will alert agents when new portal users sign up?

• Adding Email Aliases - You don't have permission to perform this action

  Hi, I am super admin of my organization. The target user is an admin. - I can't add a new alias to a target user's email. - I am able to delete user aliases for the target user. - I tried to add the desired alias to me user, that worked. Then I tried

• How can I send my new Blogs to my subscribers

  I have a blog that I publish new entries every day. How can I automate it to always send my blog to my subscribers

• Creating a support request / ticket via email to xxx@zohosupport.com

  Is there the ability to create a ticket from an email sent to my support email address (e.g. xxx@zohosupport.com)? For example, I am running a small computer support/service business and I would like to be able to direct potential customers to send an

• Zoho CRM Live chat cant chat on Contact record?

  We just implemented Live chat in Zoho and I was shocked to find out that you cannot have a Live chat on the actual Contact record in Realtime. We used Salesforce Live agent for the last 7 years and I took it for granted that Live chats come in on the

• Next Page