Value of Shorter Iterations in Project Management

Now with the start of the Spring 2009 term in the Business Informatics Graduate Program at Northern Kentucky University, I am taking Marketing Management and Project Management classes.

In the initial readings in the Project Management course deal with Work Breakdown Schedules, Organizations Breakdown Schedules, and Work Packages and how to best organize, monitor, and measure each step. As I read I am thinking of the value of shorter iterations within the cycles of a project.

Here is a discussion on the value of shorter iterations within software development that are in my view applicable to project management. Aspects such as more frequent feedback and a better understanding of the work package status makes shorter iterations attractive. With that said, I am sure that as the term progresses I will learn both the advantages and disadvantages to shorter iterations in project life cycles.