The Agile Approach to Product Management: Iterative Development and Continuous Improvement

economictimes.indiatimes.com:

Agile Principles

Agile, as a methodology, is built on a set of guiding principles outlined in the Agile Manifesto. These principles provide a foundation for Agile product management practices:

Best Professional Courses on Product-Management

• Individuals and interactions over processes and tools: Agile values people and their interactions more than rigid processes or tools. It encourages open communication, collaboration, and teamwork within cross-functional teams.
• Working software over comprehensive documentation: The Agile approach prioritises delivering a functional product over extensive documentation. This allows teams to respond to changing requirements and customer feedback more effectively.
• Customer collaboration over contract negotiation: Agile promotes customer involvement throughout the product development process. This continuous collaboration ensures that the product aligns with customer needs and expectations.
• Responding to change over following a plan: Agile embraces change as a natural part of the product development process. It encourages teams to adapt and adjust their plans based on evolving requirements and insights.
• Embrace iterative and incremental development: Agile divides the product development process into smaller, manageable iterations. Each iteration results in a potentially shippable product increment, allowing for frequent releases and quick responses to market changes.

Iterative Development

At the core of Agile product management is iterative