The Book titled "A PANORAMIC STUDY ON EXTREME RESEARCH" focused on the values, practices, their relationships, advantages, disadvantages, recommendations, misconceptions, problems encountered in the implementation of Extreme Programming, along with them certain solutions were proposed based on the previous case studies. This dissertation intended to analyze various possibilities for applying quality assurance practices effectively to Extreme Programming. Provided, it should not affect negatively to the process and must lead to better quality assurance. Certain adaptations were recommended to Extreme Programming to make it more suitable for widest range of projects including small and large projects as well as critical and highly reliable systems.