✏️ Explanatory Question
The Agile methodology is iterative and incremental, allowing phases to overlap and repeat. It follows a cycle of:
Plan
Design
Develop
Test
Release
Feedback
Work is delivered in short sprints (usually 1–2 weeks), each with defined deliverables.
Advantages of Agile:
Supports changing and evolving requirements
Faster feedback from users
Early delivery of usable functionality
Well-suited for user-driven projects
Challenges:
Requires strong communication
Harder to track due to reprioritization
Works best when the team is fully dedicated and closely coordinated
Agile is commonly used in modern Finance and Operations implementations.