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Gist: A perfect approach for unstable projects, as it implies involving the customer as much as possible. What is more, it presupposes considerable flexibility. Extreme programming methodology is believed to boost the quality of software owing to its ability to adapt to dynamic changing demands. In addition to that, constant feedback and communication is the key to efficient and happy team environment.

Benefits: Significant customer involvement results in high quality products. Immediate feedback and courage to take difficult decisions.

Drawbacks: Efficiency is much dependent on the people involved. Vague and unknown future results.

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