The Agile Framework is a project management approach that emphasizes flexibility, collaboration, and customer satisfaction. It allows teams to adapt to changes quickly and deliver work in small, manageable increments called sprints. This iterative process helps teams gather feedback and make improvements continuously. Key principles of the Agile Framework include regular communication among team members and stakeholders, prioritizing tasks based on customer needs, and maintaining a focus on delivering high-quality results. Popular methodologies within the Agile Framework include Scrum and Kanban, each offering specific practices to enhance team efficiency and responsiveness.