Which method of project management involves breaking development into cycles?

The Agile methodologies involve breaking development into cycles known as iterations or sprints. This approach emphasizes incremental progress through collaborative efforts, allowing teams to adapt to changes and continuously improve the product based on feedback. Each cycle typically includes planning, execution, and review, aiming to deliver functional components of the software at the end of each iteration. This flexibility is particularly suited for projects where requirements may evolve over time, empowering teams to respond effectively to user needs and priorities.

In contrast, the Waterfall method follows a linear and sequential design process, where each phase must be completed before moving on to the next, making it less adaptable to changes during the development cycle. The Critical Path method focuses on project scheduling and determining the longest stretch of dependent activities, without the iterative focus of Agile. Change management pertains to handling changes in an organization but does not specifically address the iterative development process in project management. Thus, the emphasis on cycles in Agile methodologies distinguishes it as the correct answer.