Explain briefly major advantages of agile system.

Following are the major advantages of agile systems: Time & Money Saving: Agile Methodology saves time and money by requiring less documentation and focusing on application development. Its iterative nature allows for regular end-user feedback, ensuring quick implementation and transparency across SDLC phases. Easy to incorporate Changes: Agile allows for easy incorporation of change requests or enhancements at any phase without significant budget constraints, though time frame adjustments may be needed. It is particularly useful for Web 2.0 or new media projects. Fast Execution: Daily meetings and discussions in agile projects help identify and address issues early. Quick coding and testing keep management aware of gaps in requirements or technology, enabling prompt workarounds. Short Project Life Cycle: Agile methodology facilitates quicker development, testing, and constant user feedback, making it ideal for projects requiring short delivery times. Close Daily Cooperation: Agile emphasizes people and interactions over processes and tools, fostering close daily cooperation between business people and developers. Iterative Changes: Last-minute changes in requirements can be accommodated in the design due to the iterative nature of agile development.