The iterative process: Definition, steps, and overview for agile teams

Project managers in the software development industry have increasingly embraced agile frameworks, moving away from the traditional waterfall approach in favor of more flexible, iterative processes. These iterative methods, integral to agile methodology, involve a cycle of analysis, planning, design, implementation, testing, and review, allowing teams to optimize products quickly and efficiently by responding to customer feedback and minimizing risks. Unlike continuous improvement, which focuses on incremental design and delivering valuable features swiftly, the iterative process encourages trial and error to develop better product versions. This flexibility is crucial for technology companies, where market conditions can change rapidly, making iterative methods more cost-effective and conducive to innovation. The iterative approach not only reduces the risk of costly errors but also enhances customer satisfaction by incorporating feedback early in the development cycle, enabling companies to adapt and refine their products continuously.