Agile product development is an iterative approach to product development that is performed in a collaborative environment by self-organizing teams. The agile approach is intended to provide a more flexible and responsive product development process than traditional waterfall methods. Agile product development emphasizes close collaboration between developers and customers, as well as frequent communication and feedback throughout the product development cycle. The agile approach is also characterized by short development cycles, or sprints, which allow for more frequent delivery of new product features and functionality. In addition, agile product development includes a focus on continuous improvement and adaptation, as well as a commitment to delivering high-quality products.