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Are iterative approaches better than waterfall approaches?

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Are iterative approaches better than waterfall approaches?

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Traditionally, software development was done through a waterfall approach, involving rigidly sequenced and structured phases of planning, creating, and testing the software. In contrast, the iterative approach overlaps the different phases of your project. This means that complex projects can be broken into more manageable parts and the teams still produce the same high-quality results. Iterations operate independently, so one group can be working on one part of the project and another can begin a different part without waiting for the first group to finish its job. Given the flexibility of this approach, it becomes easier to make changes in the project specifications, and risks can be identified and dealt with much earlier. In addition, teams tend to reuse and adapt each other’s work because the iterative approach encourages integration and collaboration. But just like the waterfall approach, the iterative approach allows you to receive and pay for specific parts of your project. Beca

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