Iterative Product Development
The iterative product development involves developing the product in small portions and receiving the customer feedback/review at the end of each portion. This method is particularly useful in software development projects and is one of the basic principles of Scrum framework . The concept is, more quickly you deliver the product to the user, the quicker you can learn whether the product matched the acceptance criteria and the need of the end user. Scrum follows an iterative and incremental approach to product development, making it possible to incorporate change at any step in the development process. Thus Scrum prevents you from getting into long and indefinite product development life cycle which may go on for a long period without knowing what actually works for the user and what doesn’t. The major advantage of iterative product development is that it offers sufficient room for accommodating the new needs/necessities without disturbing the whole project. In complex proj...