Waterfall 2006
<sarcasm>
As we all know the Waterfall approach is probably the best project delivery mechanism ever conceived and it is ideally suited to custom software projects.
</sarcasm>
More in this vein can be found on the Waterfall 2006 homepage.
As a bit of fun send this site to the some old guard PMs and see how long it takes them to realise it’s a spoof.