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1. Explain waterfall methodologies and identify their relationship to the PMBOK® process groups. 2. Explain agile methodologies and identify their relationship to the PMBOK® process groups. 3. Analyze the need for waterfall and agile methodologies. 4. Explain the advantages of extreme programming (XP) and analyze the advantages of its application in high-budget short-time projects. 5. Explain the factors to consider when selecting a project management methodology (Waterfall vs Agile). 6. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements: · Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.