Reduced Waste: Agile development encourages continuous feedback and iteration, which helps to identify and eliminate waste in the development process. By focusing on delivering value to customers and prioritizing features that are most important, Agile teams can avoid unnecessary work and reduce overall project costs.
Increased Efficiency: Agile development promotes a collaborative and cross-functional team environment, which can lead to increased efficiency in project execution. By breaking down work into smaller, manageable tasks and delivering them in short iterations, Agile teams can work more quickly and effectively, ultimately reducing project timelines and costs.
Flexibility to Adapt to Change: Agile development has the ability to adapt to change quickly and effectively. By embracing change and responding to customer feedback, Agile teams can avoid costly rework and ensure that the final product meets customer needs. This flexibility can ultimately lead to cost savings by reducing the likelihood of project delays and budget overruns.
Improved Quality: Agile development emphasizes the importance of continuous testing and validation throughout the development process. By incorporating testing early and often, Agile teams can identify and address defects sooner, leading to higher-quality software and lower maintenance costs in the long run.