What are the key differences between iterative and traditional project management?

What are the key differences between iterative and traditional project management?

Traditional project management follows a linear approach, focusing on detailed planning and execution, while iterative project management emphasizes flexibility and continuous improvement through repeated cycles.

Can you give me examples of each approach?

Sure! An example of traditional project management is the Waterfall model, where each phase must be completed before the next begins. An example of iterative project management is Agile, where projects are developed in small, incremental cycles.

What are the advantages of using an iterative approach?

Iterative approaches allow for more flexibility, quicker feedback, and the ability to adapt to changes, which can lead to better end products.

Are there any disadvantages to iterative project management?

Yes, some disadvantages include potential scope creep, the need for constant stakeholder involvement, and challenges in maintaining a clear project vision.