6 Benefits of Adopting Agile Methodology
Global organizations continue to calibrate their software offerings for success on the customer, cost and marketability metrics. In this scenario, Agile has come to establish its efficacy based on the opportunities for prioritization, flexibility, and visibility it provides towards proven software delivery.
Insightful findings from the State of the Agile survey results by VersionOne confirmed Agile acceptance as a proven software delivery process. The 94% organizations contributing favorable opinions due to Agile methodology success in terms of better priorities, greater productivity, and more visibility confirm that Agile is the future of people centered high-quality development processes.
TechBeacon’s State of Performance Engineering survey further stresses on the efficacy and adoption in favor of Agile methodology based on survey results covering the opinions of 400 IT, development and testing professionals.
The past five years have especially witnessed a huge shift in the growth around Agile methodologies. Even when documentation and design might receive a slight setback during Agile development, the underlying people-centered process creates high-level communication among team members and stakeholders ensuring project success. Agile delivers immense value in terms of rapid, continuous software delivery while accommodating flexible requirement changes through efficient cost containment.
Owing to the fact that the evolution of Agile was purely evidence based, this lightweight framework has resolved most deficiencies in the traditional waterfall model. Combining business goals in terms of adaptability, visibility, planning, feedback loops and risk management, Agile creates value for the customer, securing its prominent position in the dynamic business world.
Productive, Collaborative, and High-Performing Customized Teams
Agile teams carry a much higher cross-disciplinary coefficient when compared to any other development environment. Agile development environment acts as a safe haven for innovation and creativity to thrive throughout the process. Close contact with team members allows constructive feedback to drive productivity and growth in the team. Team members share high morale by sharing decisions, knowledge and skillset while adapting team structure to changing project requirements.
Predictability and Project Control Featuring High-Quality, Visibility, and Flexibility
Agile scores must better in terms of predicting time, cost and performance through the use of accurate metrics backed by sprints. Effort estimation on a regular basis, based on team capabilities helps project managers shift capital between projects.
Agile projects allow team members to stay updated on project status, helping them adapt at different stages and transfer control among members allowing the environment to act as a receptacle for high-quality projects.
Superior Prioritization and Risk Management for Business Success
Agile is one of the only methodologies that allow iterative evaluation of project progress and viability enabling risk assessment between sprints. The risk is either minimized greatly or feedback loops allow for better risk management. The Agile approach allows cash flow early in the project lifecycle, enabling low upfront costs due to the self-funding nature of projects.
High-Value Revenue even with Low Upfront and Ongoing Costs
High communication within team members, cohesive development approach, quality focus and incremental development process allows for superior, marketable products. Enabling scope and feature set flexibility through a cost containment approach restrict frequent outflow of cash. Overall, the ability of Agile to generate a steady revenue stream overlapping project delivery cycles ensures business success in the long run.
High-Quality Products Delivered in Minimum Time to Market
Evolving requirements in Agile processes allow for close alignment with product requirement, market need or customer expectations. This approach not only focuses on quality development processes and product delivery but also on the value of closely equating project need to final product success. “Perpetual beta philosophy” in Agile processes allows for speed marketing with sure shot profit margins and market leadership.
Increased Possibility of Stakeholder Engagement and High Customer Satisfaction
Engaging a product owner or customer representative in the process allows for shared insight on the project progress. This allows for greater trust, credibility, and communication between team members as well as stakeholders for high customer engagement and high customer satisfaction.
Agile success depends on an understanding of the methodology and willingness to implement it at the team and organizational level. However, with the right education, process consistency, and best practices, Agile has proven potential to scale irrespective of organization size or offering. Given the simplistic project management tools like Excel or Microsoft Project, distributed development teams agree that Agile will be the smartest way to deliver and market software.