Agile Product Development Article

Question 1

In order to make a decision, determine your level of flexibility. What is flexibility?
- Relatedly, when is developmental change needed?

Answer 1

Flexibility is the incremental economic cost of modifying a product. The higher the cost, the lower the developmental flexibility.
- Developmental change is needed when the economic cost of making a change is less than its economic benefit.

Question 2

Approaches to Increasing Development Flexibility

Answer 2

1. Adopt Flexible Technologies
2. Modify Management Process
3. Leverage Design Architecture