Step 1: For the function \( f(x) = x^2 + ax + 1 \) to be increasing, its derivative must be positive on the interval \( [1, 2] \).
Step 2: Compute the derivative:
\[
f'(x) = 2x + a
\]
Step 3: For the function to be increasing, we need \( f'(x)>0 \). Thus:
\[
2x + a>0
\]
For \( x = 1 \), we get:
\[
2(1) + a>0 \quad \Rightarrow \quad a>-2
\]
Step 4: Since \( a>-2 \) satisfies the condition for increasing on the interval \( [1, 2] \), the least value of \( a \) is \( a = -2 \).