We can't be sure there wouldn't have been any iterations. In (what's traditionally been called) the waterfall model, there's so long between iterations that the project has time to fail and be scrapped before there ever is one.
Hah yeah i guess you can interpret it like that, but i give the same leeway to agile when they skip the retros and the planning before the sprints etc. You cant blame the process if you dont even make an attempt of adhering to it :)