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se:project:milestones:m7 [2018/12/02 16:44] emilian.radoi |
se:project:milestones:m7 [2024/12/19 23:21] (current) emilian.radoi |
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- | ====== M7 - 07.01.19 ====== | + | ====== M7 - 08.01.25 ====== |
====== Minimum Viable Product - MVP ====== | ====== Minimum Viable Product - MVP ====== | ||
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For this milestone you are required to build an MVP. | For this milestone you are required to build an MVP. | ||
- | A minimum viable product (MVP) is the most pared down version of a product that can still be released. An MVP has three key characteristics: | + | A minimum viable product (MVP) is the most pared down version of a product that can still be released, which solves the problem that you are targeting to solve. An MVP has three key characteristics: |
* enough value that people are willing to use it or buy it initially | * enough value that people are willing to use it or buy it initially | ||
* demonstrates enough future benefit to retain early adopters | * demonstrates enough future benefit to retain early adopters | ||
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Building an MVP without proper validation of the problem, solution and business feasibility (milestones M2, M5, M6) has very little value, and will be graded as such. Therefore, in case it is needed, validate more of your assumptions before proceeding to building the MVP. | Building an MVP without proper validation of the problem, solution and business feasibility (milestones M2, M5, M6) has very little value, and will be graded as such. Therefore, in case it is needed, validate more of your assumptions before proceeding to building the MVP. | ||
- | Present any further validation and the MVP in the Fiki. | + | Present any further validation and the MVP on the Fiki. |
**Motivate all aspects of the MVP!** We will mostly grade the aspects for which justifications are provided. | **Motivate all aspects of the MVP!** We will mostly grade the aspects for which justifications are provided. | ||
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