Project planning
You can define iterative projects by defining phases and iterations to help ensure that work is completed
Projects can be divided into Phases and Iterations® which are a planned, measured interval of time (for example, in weeks).
A Phase is divided into Iterations. Iterations can help focus a team on delivering incremental value to stakeholders in a predictable manner.
You must create at least one phase record for your project, even if your project does not require using phases. In this situation, you can name your one Phase record Iteration, and then add as many ALMIteration records as desired, and giving each iteration name a simple number as the name. An iteration name will then display as Iteration 1, Iteration 2, and so on.
You can start by defining the Phase and Iteration labels used in your organization. For example, the first construction iteration may be labeled C1 (representing Construction Iteration One).
When creating Phase records, choose a Phase label and choose the project (for example, PhaseLabel=Construction, StatusLabel=Pending). Create one Phase record for each Phase of your project.
You can create Iteration records for each phase.
The Phases and Iterations for a project appear on the Plans tab.