Incorporate feedback, if available (from previous cycles).

Assess impact, identify risks and reevaluate priorities.

Update cycle plan, risk management plan, QE plan and other artifacts.

Define the goals, resource needs, schedule, risks, inputs and deliverables for current cycle.

Perform detailed design for the features earmarked in this cycle.

Update the Quality plan with the testing criteria for the features and develop test cases.

Develop the unit test cases for the important classes and operations and add the test cases to the regression test suite.

Code and unit test.

Deliver product to users.

Assess operational and business readiness.

Update training and user documentation.

Conduct user training.