Minimum Viable Product (Computers - Information Technologies)

Item ID 15644643 in Category: Computers - Information Technologies

Minimum Viable Product


It is always better to see what people do with the product rather than asking them what they would do. This is how the concept of Minimum Viable Product is born. All it means is releasing a product with the smallest number of features and shipping as quickly as possible.

Saves Time and Money
Creation of an entire product with all the features will take time. This would also delay the Go-To-Marked Date. An MVP version can be launched to the market much faster without making a big financial commitment

Creating an MVP will take comparatively less time and it includes all the basic features so the product is still functioning. This would avoid a lot of budget overruns.
continues... https://www.byteridge.com/how-to-guides/minimum-viable-product/

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Last Update : May 22, 2024 1:24 AM
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2024-06-16 (0.224 sec)