The document discusses the Agile software development model. It states that Agile is an iterative and incremental process where the entire application is divided into modules, with each module developed, tested, and implemented separately to obtain customer feedback. Some key Agile principles mentioned include adaptive planning, frequent delivery of working software, customer collaboration, and responding to changing requirements. The document also compares Agile to traditional models like waterfall, noting that Agile uses adaptive development and close customer interaction, while traditional models rely more on upfront planning and documentation.