Final answer:
To protect against scope creep in a Waterfall project, a Change Control Board is the recommended formal process for reviewing and approving changes to a project's scope, which ensures stakeholder buy-in and equitable decision-making.
Step-by-step explanation:
To minimize the risks of scope creep in a Waterfall project and ensure that the team does not build something the client or stakeholders do not want, implementing a Change Control Board (CCB) is an appropriate measure. The CCB is a formal and rigorous process that involves a committee of stakeholders who review and approve or reject proposed changes to the project scope or other key project deliverables. This approach helps to maintain clear communication and manage stakeholder expectations consistently. Through the CCB, any changes that could impact the project are scrutinized, ensuring that there is careful consideration before any alterations are made. This process provides a structured way to engage stakeholders and obtain their buy-in while managing potential scope creep effectively. Transparency is key in this process, along with establishing equity among the stakeholders regarding the approval of changes.