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CIO Applications Weekly Brief

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Editor's Pick (1 - 4 of 8)
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What are the Benefits of Agile Methodology?

By CIO Applications| Wednesday, July 22, 2020
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Project management can be a vast and intricate process involving multiple stakeholders; therefore, implementation of agile methodology will simplify processes, offers high business value, and provides higher transparency.

FREMONT, CA: Agile methodology, which is the embodiment of lightweight, flexible, and adaptive software development tools, is an ideal fit for project management. Today’s fast-paced business sector needs spontaneous but efficient solutions, and which is what agile methodology brings to a firm’s operation.

Often synonymous with software development, agile methodology achieves development solutions through consolidation of efforts, which include cross-functional groups and allied customers or end-user. As established, it has a variety of benefits.

Effective Chain of Communication- The projects will always entail active participation from various stakeholders, group members, and several others; therefore, efficient and clear communication between them is very necessary. The agile methodology makes this simpler and more open.

Transparency-One of the benefits of an effective communication chain is that there are transparency and openness among its members, which eliminates ambiguity regarding the project. It allows the client to prioritize features, planning, and review. Additionally, the tool also offers simplicity from a complex network.

Scope for Teamwork- Stakeholders in the project will get to work together as a team, which builds camaraderie and trust among the group. It fosters faith and cements professional relationships, as they voice their ideas. It also empowers them to work towards better solutions.  

Management of Expectation- Project management has its direction towards yielding a solution, which sets a benchmark of expectations. The proposed solution is made accessible to all team members, and thus on various occasions, they can share feedback and propose the necessary changes. This gives a clear picture to the stakeholders of what the expected project outcome will be.

Information Management- Agile methodology will structure the transfer of information and knowledge smoothly. Managing tacit information from the start, all through the end of the project, is imperative, as there are multiple players involved. The result of the solution is divided, which ensures that the end product is easily testable.

Although it is initially difficult to integrate, agile methodology can vastly benefit a company and its project-based operations through continued practice.

See Also: Top Project Management Solution Companies

See Also: Top Agile Consulting Companies

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