The document outlines the six basic stages of the software development life cycle: 1) Requirement gathering and analysis, 2) System analysis, 3) System design, 4) Coding, 5) Testing, and 6) Implementation. It describes each stage in the process, from gathering requirements from stakeholders to implementing the final tested software. An effective software development life cycle ensures quality and correctness through rigorous testing and design at each stage of building the software.