The document compares agile and traditional (waterfall) development approaches. It notes that agile is iterative with requirements continually revisited throughout development, while waterfall is more linear with development teams only getting one chance to implement requirements correctly. Agile focuses on flexibility and reducing uncertainty, while waterfall prioritizes well-defined requirements upfront. Additionally, agile favors co-located teams and rapid increments, whereas waterfall can support distributed teams with specialized roles due to extensive documentation.
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