The Dynamic Systems Development Method (DSDM) is an agile development methodology that emphasizes schedule and quality over functionality and is suited for iterative software development projects. Its advantages include high user involvement, prompt delivery of functionality, and adherence to budgets, while disadvantages encompass potential costs, unsuitability for small projects, and the need for training. Key principles of DSDM include mandatory iterative development, user empowerment, and collaboration, supported by specific tools and techniques for successful implementation.
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