Abstract

This review paper explores the impact of Agile methodology on IT financial planning and project management efficiency. Agile has become a widely adopted framework in the IT sector because it can enhance project delivery timelines, improve scope management, and foster stakeholder engagement. However, the integration of Agile with traditional financial processes presents challenges, particularly in budgeting and financial forecasting. The paper examines the barriers to aligning Agile’s iterative approach with fixed financial models and discusses best practices, such as rolling-wave budgeting and continuous communication between finance and project teams, to optimize efficiency. Additionally, future trends in Agile-driven IT project management, including integrating DevOps, artificial intelligence (AI), and hybrid models, are explored as potential solutions to enhance efficiency and adaptability in IT project environments.