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Final answer:
Iterative Methods, also known as agile models, involve working in stages, repeating a cycle of planning, working, and assessing.
Explanation:
Iterative Methods, also known as agile models, involve working in stages, repeating a cycle of planning, working, and assessing. Agile methods focus on flexibility and gradual development to meet evolving needs and create value. This approach contrasts with the traditional waterfall model, which follows a sequential process from requirements to implementation.
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