Home / Questions / Explain the Agile methodology and its advantages.
Explanatory Question

Explain the Agile methodology and its advantages.

👁 17 Views
📘 Detailed Answer
🕒 Easy to Read
Read the answer carefully and go through the related questions on the right side to improve your understanding of this topic.

Answer with Explanation

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.