Velocity in Agile methodology is the measure of the amount of work completed within a timespan of development. It provides a gauge of the team’s progress by keeping track of the number of sprints and tasks achieved over time. It is also a way for teams to anticipate trends, allowing them to make decisions about their capacity planning needs. Velocity is an effective tool for helping teams recognize their successes and failures, so that they can continually strive to improve their performance. It helps teams remain accountable and nimble, ensuring the most efficient use of resources. By tracking velocity, teams can more quickly achieve their desired outcomes, leading to successful project delivery.