In agile project management, budget overruns can be a severe problem as not all companies have an unlimited budget. This is why stakeholders often look at the bottom line to know if their project was a success or a failure.

The Agile methodology has recently risen in popularity. Although many still stick to traditionally structured project development processes, a lot of managers find the Agile environment interesting. Even more people are getting encouraged to try it.

Agile is considered the gold standard when it comes to project management, and it’s no surprise why. It’s a model designed for the delivery of business value through rapid incremental cycles.

Agile project management is a flexible and modern approach to tackling a diverse range of projects. Through this method, projects are broken down into smaller, more manageable tasks that are carried out in short iterations or sprints. It allows your team to adapt to rapid changes and deliver results on time.