Why Leading Firms Use Agile to Manage Their Projects?
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Why Leading Firms Use Agile to Manage Their Projects?

By CIOReview | Thursday, September 23, 2021

Why Leading Firms Use Agile to Manage Their Projects?Agile manages projects that use iterations and a straightforward methodology to keep the project relevant and up to date.

FREMONT, CA: Agile is wildly popular today because of its adaptability and flexibility. The agile movement was initiated in 2001 with the publication of the Agile Manifesto, and it was initially developed for software development. There was a marked rise in the number of project managers who employed agile project management. It's made up of multiple approaches that all revolve around the ideas of adaptability, openness, quality, and constant self-development.

Here are some of the benefits of Agile as follows:

Superior-quality product: Testing is an integral aspect of the project execution phase in Agile project management, which results in a higher overall quality of the final product. The client remains active in the development process and can request changes based on market conditions. Due to the iterative nature of Agile, self-organizing teams continue to learn and evolve and continue to improve.

Satisfied customers: The consumer is always involved in the decision-making process in Agile, which results in increased customer retention. In a typical framework, the customer is only engaged in the planning phase and does not affect the execution, limiting the customer's flexibility and adaptability. Keeping the customer informed and making adjustments based on their feedback adds value and guarantees that the final product meets their expectations exactly.

Another advantage of Agile Project Management is that it dramatically reduces time-to-market. This enables the product owner to capitalize on the opportunity and, in some situations, to benefit from the first-mover advantage.

Enhanced adaptability: When Agile is appropriately implemented, it empowers project teams with unmatched flexibility. Teams operate in shorter bursts and are supported by the product owner's continual input and involvement. Changes are typically time-consuming and costly in other project management approaches.

However, Agile breaks the project into small sprints that are flexible enough to allow for last-minute changes. This unequaled adaptability is one of the primary reasons that dynamic firms want to work with Agile.

Increased control: Due to its transparency, feedback integration, and quality-control features, agile enables managers to have greater control over their projects. Throughout the project's implementation phase, quality is assured, and all stakeholders are kept informed of progress via innovative reporting tools and procedures.

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