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In Agile project management, the aspect that is fixed is cost. In the Agile framework, especially in methodologies like Scrum, the budget or cost of the project tends to be established at the outset. Once the budget is set, teams will work to deliver the maximum value within that financial constraint. This approach encourages flexibility in various other project components, such as features and time.

While time can often be adjusted based on the features selected for a particular iteration, it is the overall budget that remains a constant constraint guiding the project’s scope and delivery. The team aims to manage their resources effectively to keep within the budget while delivering quality products. This emphasizes the importance of balancing scope and timeline with the limited budget, which is a fundamental principle in Agile methodologies.

Other aspects like features and quality are allowed to evolve over the course of the project; changes can be made based on stakeholder feedback and the team's findings. This adaptability is a cornerstone of Agile as it ensures that the final product aligns closely with user needs and expectations, thereby enhancing its overall value.