Meticulous planning is the initial and one of the core phases of software development or product development as it presupposes determining the scope of the project, defining means and ways for the new system to meet business strategic objectives, resource availability, cost-related issues, timeframes and determining solutions. The final stage of software development lifecycle includes maintenance and regular updates. The phase is treated with the utmost attention since during the stage the product is polished, upgraded, enhanced, and fine-tuned according to the real-world feedbacks on its performance.
You can read more here: https://relevant.software/blog/7-steps-for-effective-software-product-development/
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