The main difference between an iterative and an incremental life cycle is that an iterative process makes progress through continuous refinement, while an incremental process makes progress through small steps.

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For example, an iterative approach in a software project would be to create the overall solution/product and then refine some areas that need improvement.

Instead, an incremental approach creates and releases features one at a time based on customer-defined priorities.

Find out more in this video.

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