Here at Koombea, we’ve been Agile for quite a long time now and we figured it would be nice to share with our peers how it helps organizations, teams, and products. In this article, I will be talking about the 5 main benefits of agile project management.
Agile development expedites the process of product validation by focusing on developing an MVP (Minimum Viable Product) in order to gather user feedback quickly and without wasting any resources. Additionally, testing is integrated all throughout the entire lifecycle enabling regular iterations of the product as it develops.
Agile development requires the client to be an active member of the development process. It encourages a high degree of collaboration between the client and the project team, providing a more cohesive vision for the project, as well as a significant increase in customer satisfaction.
Like no other methodology, Agile leaves plenty of room for potential changes. In fact, constantly changing and evolving is expected in this type of development. It works with a fixed time-scale, and requirements that evolve as the product is developed.
Agile development takes into consideration the importance of being first to market. That’s why by using time-boxed, fixed schedule sprints, there is a much higher level of predictability that allows for new features to be delivered quickly and frequently.
An Agile approach to a project allows for greater visibility into how the budget is being spent, which makes it easier to deal with the inevitable unknowns that could otherwise generate budget overages.
Traditionally, Agile methodologies have been associated with startups and low budget ideas. However, they provide a flexible, transparent, scalable model that can fit tight Enterprise requirements just as well, if not better.