Why Does Agile Eliminate Technical Risks Faster?
Agile project management focuses on breaking projects down into smaller chunks, or sprints, with each one resulting in a working version of the final project deliverable. This means, every one to four weeks, on average, your project team is producing, testing, approving, and releasing a working product.
Agile is able to eliminate technical risks faster because your team is adding a few additional features, requirements, or functions at a time and continually testing. This enables them to find issues sooner and more easily identify which feature or function is causing the problem. If the entire product is built at once and only tested at the end of the project, then if a technical issue arises, it can be much more costly and time-consuming to identify and fix the root cause.
In addition, by planning and executing in sprints, Agile projects are better able to adapt to technological changes. Therefore, if technology becomes obsolete, or a new innovation is released mid-way through the project timeline, an Agile project is better able to incorporate the changes in a timely and cost-efficient manner.