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What are the benefits of iterative project management?

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What are the main advantages of iterative project management? Does the iterative approach in PM really optimize the performance of the project? Or is it all hype?

Does the iterative approach only work with software projects?
asked 9 years ago by anonymous

1 Answer

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An iterative approach helps to remove risk and uncertainty and that is its main strength.  It provides small steps so you can re-plan or re-strategize at smaller intervals if things aren't working out.  In a product environment, it might offer an opportunity for early sales and marketing.  Iterative planning can be used in many situations although it is most often used in software and technology projects.
answered 9 years ago by sdcapmp (45,840 points)

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