Financial Control

Planning a Budget for an Agile Project: Embracing Flexibility and Transparency

Budget planning is a critical aspect of project management, and in the context of agile projects, it requires a unique approach. Agile methodologies emphasize flexibility, adaptability, and collaboration, which necessitate a budgeting process that aligns with these principles. These are the five key considerations and best practices for planning a budget for an agile project, enabling organizations to embrace agility while maintaining financial control and transparency.