XYZ Software Solutions is a well$-$established software development company specializing in enterprise$-$level appljcations. For years, they have followed the traditional Waterfall life cycle model for their projects. However, as market demands shift towards faster delivery and increased flexibility, XYZ Software Solutions is facing challenges in maintaining competitiveness and meeting client expectations. One of their recent projects, the development of a customer relationship management $($CRM$)$ system for a large retail chain, exemplifies the limitations of the Waterfall model. Despite meticulous planning and adherence to a pre$-$defined schedule, the project encountered delays due to unforeseen changes in requirements and difficulties in integrating new features as the project progressed. This resulted in frustration among stakeholders and a perceived lack of responsiveness from the development team. Recognizing the need to adapt to a more dynamic approach, XYZ Software Solutions has decided to explore alternative life cycle models that better align with their evolving needs and the demands of the market.

$3\mathrm{.}1$ Discuss the suitability of the Waterfall model for smaller, short$-$term software projects compared to large$-$scale, long$-$term projects$(5)$