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One of the tenets of Agile software development is to get a working piece of software out the door as early as possible and then see how it behaves, how people use it, what should be changed, how to build on it, and so on.
Startups have generally adopted the concept of using a minimum viable product (MVP), but oftentimes, startups still fail to do this properly. This is where Agile project management comes in.
Agile project management employs various mechanisms and practices which encourage a rapid product release and prepares your startup for moving forward.
Startups usually operate on very tight budgets, especially in the early days. This goes both for money that is available and, sometimes even more importantly, for the work that your startup’s small team can handle.
In such a situation, investing in large, time-consuming initiatives can become spectacularly wasteful, resulting in all kinds of negative outcomes, including having to close shop.
Agile project management is a methodology that uses short development cycles called “sprints” to focus on continuous improvement in the development of a product or service.
This new way of managing projects that grew out of Agile software development has become the standard and for very good reasons.
Agile accepts change. In fact, it welcomes it. In the startup world, this is a huge thing since it is an ecosystem that is constantly changing.
Thanks to the short iterations in which Agile project management handles projects and products, you will be able to react more quickly if the market changes or if you find out that your existing product is falling behind the competition
Communication is one of the core ideas of Agile software development and it was embraced fully by Agile project management.
Agile provides you with an empirical way of identifying how to best add value to your product and constantly improve upon it.
This includes determining what to build next and how to weigh the costs of doing it against the estimated benefits, as well as better estimates on how long it will take to make those improvements.
One of the main goals of Agile software development is to establish a sustainable way to deliver working software in short iterations.
Of course, there may be times where your team will have to put in extra hours, but it should not become a habit.
Agile teams are not managed in the traditional sense of the word. They are self-organized teams that operate as a unit in order to add value to the product and the organization as a whole. They decide on the best way to get the work done and they take full responsibility for their results.
In addition to this, good Agile project management will also have certain mechanisms in place that encourage the team to actively look for ways to improve as a unit.
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