What is the purpose of having a retrospective in Agile?

The purpose of having a retrospective in Agile is primarily to assess team performance and improve processes. This meeting occurs at the end of an iteration or sprint, allowing the team to reflect on what went well, what didn’t, and how they can enhance their workflows and collaboration in future sprints. It fosters an environment of continuous improvement by providing a structured opportunity for team members to share feedback, identify areas for growth, and collaboratively propose actionable improvements.

This approach not only contributes to improving team dynamics but also helps in adapting processes to better align with the team's goals and the project’s requirements. It is a core aspect of Agile methodologies, which prioritize iterative learning and flexibility, ensuring the team can pivot when necessary and enhance their efficiency.

The options that focus on documentation, budget finalization, or individual performance do not align with the collaborative and fluid nature of retrospectives in Agile, which are centered on teamwork and collective learning rather than on individual metrics or administrative procedures.