The IT industry has been on a sharp rise and various innovations are being made daily. Such advancements are directly proportional to their optimization in terms of cost, efficiency, reliability, risk management, customer satisfaction, and scalability. We need to have mature and defined standards to measure them. Currently, there are various software development methodologies including agile methodologies and traditional methodologies, these methodologies cannot solve the problems of change management, and risk management and it leads to a higher failure rate of software projects. Problem Statement: to overcome the challenges of change management, risk management, and high failure rate in software projects we need to develop a hybrid framework using the strong points of scrum, Kanban and waterfall methodologies. Proposed solution: In this paper, we are offering a framework named in which we have combined the different Agile frameworks and traditional methodologies to address the issues of change management, risk management, and all those issues related to Lean Scrum, Kanban, and Waterfall stands alone. will enhance the quality and development time of the software. A survey has also been conducted using Google Forms to facilitate our proposed framework. The paper also highlights the limitations which create room for further research. Ensuring consistency of design is highly essential to developing quality software and solves a significant design issue for practitioners. In addition, our approach helps to reduce the time and cost of developing software.