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+To make this a little more concrete, let's look at

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+an example involving cycles, phases, and iterations. Let's assume that we

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+have to develop a banking IT system. The first possible

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+cycle for such a system could be one in which we

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+implement the basic withdrawal facilities. What this means is that,

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+at the end of this cycle, there will be the release

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+of the product that implements this piece of functionality. But notice

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+that this will not be the only product release because within

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+the cycle, we will perform also the four phases that

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+we mentioned before, inception, elaboration,

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+construction, and transition. And within each

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+of these phases, we might have multiple iterations. And at the

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+end of each iteration, we will also have a product release.

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+Which in this case, will be an internal one. As

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+you can see, the iterative nature is really inherent in the

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+unified rational process. So, now let's clean up here, and let's

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+see what some other possible cycles could be for our banking

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+IT system. Here, I'm showing two possible additional ones. The first

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+one, cycle two, which will develop the account and system management. And

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+the third one, cycle three, which will develop the full account

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+management and cross selling. Similarly to cycle one, also these cycles will

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+produce a product, both at the end of the cycle, and

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+within the cycle in the different phases. And there's a few more

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+things to note. So the first one, is that each cycle

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+focuses on a different part of the system. So what you will

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+do, when you use the rational unified process, you will select a

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+subset of use cases that you want to realize within your cycle.

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+And the final product for that cycle, will be a product that

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+realizes those use cases. This is the first aspect. The second one,

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+is that these cycles, as you can see, are slightly overlapping. So

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+it is not the case that you finish a cycle, and then

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+you start the next one. So there is a little bit of

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+overlap among cycles, and we'll talk about that more. And finally,

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+I want to stress one more that each cycle

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+contains four phases, and each one of these phases might

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+be further splayed in iterations. So that's kind of a

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+high level view of how the whole process will work.