I recommend reading the article
Risks of Undisciplined Development by David Parnas in the Inside Risks column of the October 2010 issue of
Communications of the ACM. David Parnas is famous (among other things) for opposing Reagan's Stragegic Defense Initiative (SDI, nicknamed "Star Wars") on the grounds that software engineering state-of-the-art was not sufficient to build such a system (it still isn't). This article urges using, and teaching, disciplined development practices.
On a lighter note, here is another view of a good software development process:
This is taken from
xkcd, which I follow regularly (together with
Dilbert).
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