The document explains the Scrum framework, a subset of Agile methodology focused on delivering high-value products through iterative processes and continuous customer feedback. It outlines key roles such as the Product Owner, Scrum Master, and Development Team, as well as artifacts like Product Backlog, Sprint Backlog, and Burndown Charts. Additionally, it provides a brief history of Scrum and its introduction by Hirotaka Takeuchi and Ikujiro Nonaka in 1986.