Why Agile?
1. Increase Revenue:
The
iterative nature of agile development means features are delivered
incrementally, enabling some benefits to be realized early as the product
continues to develop.
2. Minimize
Time-to-market:
Research
suggests about 80% of all market leaders were first to market. As well as the
higher revenue from incremental delivery, agile development philosophy also
supports the notion of early and regular releases.
3. Increase Products
Quality:
A
key principle of agile development is that testing is integrated throughout
the life-cycle, enabling regular inspection of the working product as it
develops. This allows the product owner to make adjustments if necessary and
gives the product team early sight of any quality issues
4. Risk Management:
Small
incremental releases made visible to the product owner and product team through
its development help to identify any issues early and make it easier to
respond to change. The clear visibility in agile development helps to ensure
that any necessary decisions can be taken at the earliest possible opportunity,
while there’s still time to make a material difference to the outcome
5. Cost Control:
In
traditional development projects, we write a big spec up-front and then tell
business owners how expensive it is to change anything, particularly as the
project goes on. In fear of scope creep and a never-ending project, we resist
changes and put people through a change control committee to keep them to the
essential minimum. Agile development principles are different. In agile
development, change is accepted. In fact, it’s expected. Because the one thing that’s certain in life is
change. Instead the timescale is fixed and requirements emerge and evolve as the product is
developed.
The
above approach of fixed timescales and evolving requirements enables a
fixed budget. The scope of the
product and its features are variable, rather than the cost
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