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PSP stand for Personal Software Process. It is one of the methodologies of software [engineering] that promote building of quality software (with less bugs and less bloat). This is a highly merit based approach to software engineering this approach however have not been widely adopted in the industry not because the practice of PSP itself have a lot pitfalls but because practicing PSP is [intellectually] [challenging] and training one to practice PSP takes a long time and is a bit expensive. But even if its not worth widely adopted its still offers great practices that can be applied to any software development methodologies.
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