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.