An agile iterative-incremental process.
Iterations are called "sprints" and last 2 – 4 weeks.
Increments are called sprint backlogs. These are features selected from a product backlog.
Daily meetings are called scrums.
Pig stakeholders are: product owner, scrum team (5 – 9 people), and scrum master.
Chicken stakeholders: users, vendors, managers
For more information see:
http://en.wikipedia.org/wiki/Scrum_(development)