What characterizes 'Agile methodology' in project management?

Agile methodology is characterized by an iterative and incremental approach that emphasizes collaboration, flexibility, and customer satisfaction. This methodology breaks projects into smaller, manageable units called iterations or sprints, allowing teams to adapt to changes quickly and deliver working components of the project at a faster pace.

One of the core principles of Agile is to embrace change, which means that unlike more traditional approaches, Agile teams are prepared to adjust their plans based on feedback and evolving project requirements. This adaptability leads to higher customer satisfaction since stakeholders often have the opportunity to provide input throughout the development process, ensuring that the final product more closely aligns with their needs.

Collaboration in Agile reflects the importance of teamwork, where team members work closely together, often in daily stand-up meetings to discuss progress and issues, enhancing communication and synergy. The focus on iterative progress allows for regular reassessment and refinement of the project, improving overall quality and efficiency. This is a stark contrast to more traditional models that prioritize extensive documentation and rigid adherence to plans.