Scrum’s approach of fixed timescales and evolving requirements enables a fixed budget for projects. While the Scope of the product and its features may vary, the cost remains controlled. As the development progresses in complete slices of functionality, the actual development cost can be measured accurately, providing a clearer view of future development expenses.
This method of cost control helps organisations manage their budgets more effectively. By understanding the costs associated with each Sprint and adjusting the Scope as needed, companies can ensure they stay within budget while still delivering a valuable product.
