Are Agile Deliveries Less Risky for Capital and Cash Investments? I’m thinking the Agile Way is a Great Cash saver for small business and a good way for business to determine risk for their Capital investments.
I created this very simplified chart to show the risk for funds in an Agile Environment verse a Tradition Approach.
It shows that less cash is at risk because in an Agile concept product is supposed to be useable by the customer sooner than later. Also if a customer likes the product money flow in and if the customer does not like the product so far then the product could be discontinued. Thereby, risking less sunk costs as in traditional project approaches. A key to this working is a company’s knowledge of their customer and the company’s ability to get the product in the customer’s hands.