Applying Agile Methodology to regulatory compliance projects in the financial industry: A case study research
Keywords:Agile methodology, waterfall approach, Scrum, regulatory compliance projects, project management.
We investigate the application of agile methodology to regulatory compliance projects. Regulatory compliance projects normally apply waterfall approach given the regulatory explicit specified requirements. We identify the major advantages and disadvantages. The findings have implications for practictioners in deciding if agile methodology and approach should be followed for regulatory compliance projects. The article concludes that agile methodology strictly applied contain major unique advantages towards waterfall approach, as fostering autonomous problem solving teams.