yes
Design is a methodical process used to identify and express solutions to human problems. The heart of engineering is design. The transdisciplinary process of designing is influenced by social and technological elements. The process of designing is iterative, collaborative, and ever-evolving.
Conclusion
Iterative waterfall model is a software process model also called the incremental process model. http://en.wikipedia.org/wiki/Iterative_and_incremental_development
Iterative
a model that goes back to an earlier step in the process
Engineering design is the systematic, iterative and creative process of practical ends such as sciences and mathematical problem solving of processes , machines , structures, manufacturing and others. In simple its the design for manufacturing, The design its self validated through different simulation software so that we get a successful product.
The design cycle is a process that designers follow to create, test, and refine their designs. It typically involves steps such as defining the problem, brainstorming ideas, prototyping, testing, and iterating based on feedback. This iterative process helps designers arrive at effective and innovative solutions.
The process of backing up, re-thinking, and gathering information makes the scientific method an iterative process.
Sami Banna has written: 'Iterative structural design' -- subject(s): Mathematical models, Structural design
Is equal or translated to: a methodology.
relating to or involving iteration, esp. of a mathematical or computational process.
You can use Iterative model.