XYZ company want a software for their inventory management and day to day procurement and reporting. Your team has gathered their requirements and clearly understood them. The team that will be working on the project will be competitive and have ample experience in building the similar systems. Cost of the project is medium to high as the team is composed of experts which are required to pay good amount. Project is sort of operational so it demands no malfunctioning and data loss. Project is not a huge one and company is not in a hurry for early deployment. What model do you adopt for building this project and why?

Scenario XYZ company want a software for their inventory management and day to day procurement and reporting. Your team has gathered their requirements and clearly understood them. The team that will be working on the project will be competitive and have ample experience in building the similar systems. Cost of the project is medium to high as the team is composed of experts which are required to pay good amount. Project is sort of operational so it demands no malfunctioning and data loss. Project is not a huge one and company is not in a hurry for early deployment. What model do you adopt for building this project and why