The document discusses the software development life cycle (SDLC) which consists of 7 stages: 1) Planning and requirements analysis, 2) Defining requirements, 3) Designing the software, 4) Coding, 5) Testing, 6) Deployment, and 7) Maintenance. It provides details about the activities in each stage. The waterfall model is introduced as one of the popular SDLC models which follows a linear sequential process where each stage must be completed before moving to the next. Some other models mentioned are iterative, spiral, V-model, and big bang. Advantages and disadvantages of the waterfall model are also outlined.