This document discusses factors to consider when choosing between Agile and traditional methodologies for software development projects. It summarizes that Agile is not always the best approach, providing examples where traditional methods may be preferable such as when requirements are clear or frequent approvals are needed. It also discusses how Agile allows for earlier product launches through prioritizing minimum viable features. Budgeting is covered, noting that Agile works best with a set budget rather than estimates that can change. Unnoticed benefits of Agile include improved team culture and readiness for future projects.