As per recent stats, agile projects have a success rate of 64%, while the projects under the completing approach, basically referred to as waterfall, have a success rate of 44%. As a result, the agile approach is nearly 1.5x more successful than the waterfall projects. This document aims to give you a deeper understanding of the four key advantages of agile development, challenges faced while using the Agile style, and when it’s decisive to use it.

1. What are the 5 major
benefits of
Agile
Development?

2. A key characteristic of agile development is its adaptability and
evolution. Hence, it is excellent for enterprises/companies that want to
have better project lifecycle predictability, improve wastage reduction,
increase the quality of the finished product, and streamline the
development process.
The agile approach is nearly 1.5x more successful than the waterfall
projects. Although agile is a project management methodology, its
core tenet of incremental progress applies to business management
and expansion.

3. 5 significant benefits of
Agile Software
Development (ASD)

4.  The Agile approach enables you to track the quality, make
necessary improvements, and produce a ready-to-work highest-
quality end-product with the fewest possible faults.
1. Helps to build the highest-quality end products:
What are the 5 Major Benefits of Agile Development?

5.  With the Product owner steering the entire process, both the
customer and the development team can see the results and
deviations and can jointly identify the areas of improvement. This
helps to build an end product of the highest quality.
What are the 5 Major Benefits of Agile Development?
2. Ensures greater customer satisfaction rate:

6.  By utilizing agile development, the product owner can determine
the project's timing and budget along with pace. Also, can receive
a daily update of the Sprint Burnout Chart to get precise metrics
on how the agile product development team is performing
throughout each sprint.
3. Allows keeping an eye on most pertinent metrics
What are the 5 Major Benefits of Agile Development?

7.  One of the primary strengths of the Agile software development
style is its flexibility, which reduces the possibility of a project
failing. On top of that, Agile enables organizations to fund
projects with minimum up-front investment and to receive cash
early through self-funded projects.
What are the 5 Major Benefits of Agile Development?
4. Risks become more manageable

8.  Business owners frequently struggle with long delivery cycles,
notably in industries that are expanding quickly. Since Agile
development is iterative and is geared towards shipping incremental
delivery, early development gives you the minimum viable product
which can be a fully working, no-frills, market-ready product in a few
revisions.
What are the 5 Major Benefits of Agile Development?
5. Quick return on investment

9.  When consumers' needs are uncertain, adopting agile project
management can be sensible because it allows you to adjust the
requirements in response to your customer's demands.
 The agile development method is essential when your product
needs to be updated often with new features. You can frequently
add adjustments to the Agile style, and the cost of adopting recent
changes can also be lesser.
What are the 5 Major Benefits of Agile Development?
When to use the Agile Model?

10. An Agile product development approach for your business can help
you develop swift and innovative solutions and free you to make
strategic moves and progress in your company’s growth.
Ultimately, it is the quality end-product that benefits your customers
and helps you to build a successful business. Agile allows getting the
best workable software with ease.
Conclusion
What are the 5 Major Benefits of Agile Development?

11. ABOUT
OUR
COMPANY

12. AWARDS & ACCOLADES
OUR
Click here to know more:
https://www.minditsystems.com/awards-accolades/
1
3

13. CUSTOMER HIGHLIGHTS
Some of our esteemed clients
OUR

14. CLIENT PRESENCE
Can
ada
USA UK &
Ireland Jord
an Indi
a
Vietna
m
We collaborate closely with people across the world
OUR
Belgium

15. CONTACT US
Get In touch to see how we can create common success together!
Web
http://www.minditsystems.
com/
Facebook
http://facebook.com/MindITSystems
Works
Twitter
https://twitter.com/MindITWorks
LinkedIn
https://linkedin.com/company/mind-it-
systems
Email
info@minditsystems.
com
Phone
+1 415 707 0591, +91 730 746 7777