Agile is an iterative and flexible methodology that enables continuous improvements. It is best suited for dynamic projects that require adaptability, frequent feedback, and collaboration. This approach enhances team efficiency, mitigates risk in advance, and ensures high customer satisfaction.
In contrast, Waterfall follows a structured process with well-defined phases. It works best for projects with fixed requirements, providing a clear roadmap and predictable execution. This method reduces the risk of scope creep, ensures better documentation, and timely completion of deliverables.