A software development team was tasked with creating a complex e$-$commerce platform that integrated various functionalities such as product catalog management, secure payment processing, and order fulfillment. The platform required extensive risk analysis and mitigation strategies due to the sensitive customer data involved. The design method chosen by the team involved a series of iterative cycles, where each cycle consisted of four major phases: planning, objective determination, risk analysis, and engineering. Due to the complexity and critical nature of the project, the spiral model allowed the development team to address risks and uncertainties systematically while incorporating feedback and modifications throughout the development process.

The design process used for this e$-$commerce platform is an example of the $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ model.

Group of answer choices

Big Bang

Iterative

V$-$model

Spiral

Waterfall