Which of the following is true about iterative development?

Iterative development is characterized by the gradual enhancement of a product through repeated cycles (iterations) and allows for continuous user feedback and involvement. Involving users in testing throughout the development process is a fundamental aspect of iterative development. This approach promotes collaboration and ensures that the product aligns closely with user needs and expectations.

By engaging users continuously, developers can identify issues and adapt the product in response to feedback, leading to a more refined and user-centered design. This ongoing involvement not only helps in validating the emerging product features but also increases user satisfaction by ensuring that the final product meets their requirements.

The other statements either describe practices not typically associated with iterative development or misrepresent its characteristics. While iterative development allows for some flexibility, formal change management processes are still advisable to maintain project clarity and traceability. Similarly, iterative methods can be applied effectively in various contexts, including web development, making the statement regarding its unsuitability for developing websites inaccurate.