Software Development Methodology is the framework of processes, principles, and practices used to manage software development projects. It helps to ensure that projects are completed on-time, within budget, and with the highest quality standards in mind. Standard Software Development Methodologies include Waterfall, Agile, Scrum, Spiral, and Iterative. Each one has its own advantages and disadvantages, so it’s important to choose a methodology that best suits your project’s needs. With a well-thought out strategy, you can make sure that your team is able to develop the best possible product in the most efficient manner possible.