I like to cook, so I use a soup analogy. Traditional waterfall would be 
like following a strict recipe, measuring and timing everything exactly,
 without tasting it until it's completely finished. Agile is like 
starting with stock and a few basic ingredients, tasting it frequently 
and adding what your taste-tests show that it "needs."
http://stackoverflow.com/questions/233599/agile-programming-for-non-technical-people 
 
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