What is the practical benefit of using Agile approach?

• A. Managing business risk more effectively
• B. Faster time to market only
• C. Lowers project costs significantly
• D. No need for planning

Answer: (A)

The practical benefit of Agile is that it helps manage business risk more effectively. Delivering in small, frequent increments means you get a working product and real feedback early, not after a long development period. This visibility lets you test assumptions, uncover technical or market risks sooner, and course-correct before big investments are sunk. The Product Owner prioritizes the backlog to maximize value and reduce uncertainty, so the team continually works on the riskiest or highest-value items first. Regular reviews and demonstrations provide stakeholders with transparency, enabling timely decisions when priorities or conditions change. While Agile can lead to faster delivery and better alignment, those outcomes come from this ongoing risk reduction and adaptability, not from chasing speed or cost alone or skipping planning.