Wikipedia defines agile software development as a group of software development methods based on iterative and incremental development, where requirements and solutions evolve through collaboration between self-organizing, cross-functional teams.
The Agile Manifesto introduced the term agile in 2001.
Traditional processes usually define success is in terms of factors such as delivery on time, delivery on budget, and delivery according to specification. However, even if the project was successful based on these factors, if it doesn’t provide the intended value to business, it doesn’t make much sense and can’t be considered as really successful.
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