Benefits of Agile

When asked about the real benefits of agile development, I typically focus on 4 areas.  We created a small chart that summarizes key differences between agile and traditional development that may be helpful:

http://www.versionone.net/Resources/AgileBenefits.asp

1. Visibility - stakeholder collaboration and validation throughout the development life-cycle
2. Value - continuous delivery of much more measurable business value
3. Adaptability - the ability to rapidly respond to changes in strategy, priorities, and plans
4. Risk - the reduction in aggregate project risk as a result of #1-3 above