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Software Development Life Cycle, SDLC for short, is a very much characterized, organized sequence of phases in software engineering to add to the proposed software product [12]. SDLC gives a progression of ventures to be taken after to plan and add to a software product effectively. This research deals with a fundamental and significant issue in computer world. It is concerned with the software management processes that study the area of software development through the development models, which are known as software development life cycle (SDLC).This paper also describes the software development life cycle model of software used in the field of software development. These models are categorized two types: traditional Models and contemporary models. Waterfall model, incremental model, spiral model and the V-shaped model are comes under traditional model. The contemporary model consist agile model and Extreme programming model. These are widely used in industry. In this paper, we are proposing a simulation model for iterative process using .NET simulation tool. The purpose of the research is to determine how to get the maximum productivity by using less number of resources, in minimum time.

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