JSE_V9_N3_RevP1 K.K. Baseer A. Rama Mohan Reddy C. Shoba Bindu Journal on Software Engineering 2230–7168 9 3 34 59 Waterfall and Agile Methodologies, Agile and Lean Software Development, Agile Methods, Defect Detection, Agile and Lean Principles, Agile Adoption, Transformation, Six-Sigma, Wards method We intend to highlight the key features and future directions in the research community of waterfall, agile and lean process paradigms from 2001 to 2014, exemplifying how research on waterfall, agile and lean has progressively increased in the past fourteen years by inspecting articles and papers from scientific and standard publications. Survey materialized in three fold process. Firstly, the authors have investigated on the amalgamation of waterfall, agile and then proceeded with agile-lean. Secondly, they have performed a structural analysis on different author's prominent contributions in the form of tabulation by categories and graphical representation. Thirdly, they huddle with conceptual similarity in the field and also impart a summary table on all process models. In the context of agile, monitoring bottlenecks such as business values and high speed projects, beyond the capacity performed into an organization (CMMI levels) is not clearly defined. But by incorporating lean and agile principles, high quality products can be produced with low cost and desired speed can be achieved in the delivery of projects with optimal capacity. Further, it delivers conclusions by conferring future research directions in the field of software engineering paradigm, such as reducing errors early in the software development process, combining manufacturing principles with lean or agile or both rather than a solo model for providing high quality results. One such type of principle called Poka-Yoke (PY) is a mistake proofing technique used in product design and improves the software development process by integrating software engineering paradigm. A new approach for implementation of Poka-Yoke method in software performance engineering is proposed. January - March 2015 Copyright © 2015 i-manager publications. All rights reserved. i-manager Publications http://www.imanagerpublications.com/Article.aspx?ArticleId=3471