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Using a waterfall methodology, more than half of initiatives can't reach the results that were set, and about 40% of them mostly or never deliver their full benefits.
In traditional Project Management, 27% exceed the budget that was set at the beginning.
87% of Agile respondents reported faster time to market compared to traditional methods.
According to a report by the Project Management Institute (PMI), Agile methods are found to be more efficient in handling project scope and adapting to changes than traditional methods.
77% of respondents cited better customer satisfaction as a benefit of Agile adoption.
The top three benefits of agile project techniques include the ability to handle changing priorities (70%), visibility for stakeholders (65%), and business alignment (65%).
80% of organizations report that they spend at least half their time on rework.
The success rate of full Scrum teams and the quality of the final product are increasing by up to 250%.
In Agile, we build quality into the build. Enabling each piece to meet expectations.
Agile practices help increase profit by up to 60%. It’s important to note that Agile hardly brings any benefits when used partially. The best Agile practice is to implement it fully.
In traditional management, 50% of projects that fail have a budget of over $1,000,000, and 27% of projects exceed the budget that was set at the beginning.
Among all failures while using Agile, 44% failed because of a lack of experience with flexible methodologies.
71% of US companies have implemented Agile as the main method of their project management, and 61% of them decided to mostly focus on Scrum.