Benefits of Running Agile Product Teams
Learn about the benefits of using the agile manifest to run your product teams, finally get more done and make your customers happy (while profiting from it).
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Agile is one of the most popular approaches to project management because of its flexibility. It is an incremental and iterative approach to project management that helps teams handle their workload more efficiently.
The agile manifesto started in 2001 as a way to address software development issues faced by software developers. Today, agile is a popular project management approach preferred by many project managers for their teams, regardless of the industry.
What makes agile project management unique? Why are project managers relying on it and combining it with other available frameworks?
Here are some of the benefits of project management of running agile product teams.
1. Improved Communication and Collaboration
Meetings are important for the growth of any business. However, in many organizations, the meeting time can become a burden and barrier to productivity. The majority of that time expanded on meetings can be better utilized for more productive activities.
Constant meetings if not carefully managed can hinder the efforts of teams to achieve their goals. It robs them of valuable time that should be used to complete the tasks.
Agile product teams do not waste on meetings; when they happen, they are brief and productive. For example, daily meetings are just 15 minutes for agile product teams instead of the popular one-hour plus time for non-agile product teams.
The reason why agile product teams can have shorter meetings and still be productive is that they are all aligned on the goals and objectives they need to achieve.
2. Efficient Use of Resources
Because of their setup, agile product teams make more efficient use of resources compared to other teams. The agile framework is based on the concept of flexibility, transparency, quality, and continuous improvement. When you are working on a product, and then you are asked to make major changes to it, it can result in time and resource wastage.
Agile teams are in better shape to prevent such errors and make the corrections since they are aligned to the product’s larger goals. Teams adopting the agile framework will spend less time on mundane tasks, which helps increase productivity.
3. Faster Iteration
The setup of agile teams reduces the time it takes to coordinate tasks with other teams within the organization. Iteration is faster with an agile team because they have all the needed professionals needed to perform the task.
For example, if an agile web team is creating a website for a new product, they can quickly accomplish this task and even test different paid and free website builders to see which works best for them.
Instead of moving around talking to different departments in the company, the agile web team already has writers, designers, and developers in their team to help create the website. They build it at a faster pace than when it involves the input of several departments.
4. More Scalability
Companies postpone, cancel and delay projects because of the constraints of time and resources to start and complete them. Agile product teams help businesses develop projects at a cheaper and more effective cost Companies can elect to scale incrementally with the agile approach.
The agile approach prompts you to identify and focus on those areas that are the most crucial part of the project. You can start working from those impactful areas till more funds become available for other areas of the project.
Since every expert needed to complete the project is in the team, you can better test and analyze the project to find out how best to scale it.
5. Reduced Risk
Proper risk management is one of the benefits of running agile project teams. There is less risk of failure because you have an all-around balanced team that can handle the project.
Since projects are set up for incremental development, you can easily check and evaluate the performance of the product at each stage. Agile product development helps you quickly spot errors and make the desired change without having to redo the entire project.
When you set up an agile product team that comprises professionals in every area of the project you are working on, they can easily spot and fix any issue that arises instantly.
6. Better User Experience
One of the goals of the agile framework is to deliver quality and value to the consumer. Agile product teams have their eyes on effectively satisfying the consumer.
It is the reason why team leaders set high product standards and run multiple tests to ensure that the product meets the desired requirement that the consumer will love. Agile product teams see the product through the lens of their customers.
The benefit of putting professionals from different disciplines into an agile product team will lead to the product of superior quality products.
Agile involves continuous improvements, which means that the next product will be better than the previous. If there was any error, it will not be repeated. All this results in a better user experience for the customer.
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