mvp-development

Vocabulary Word

Definition

'Mvp-development' is making a simple form of a product with enough features to satisfy early customers. It's like building a test car with key features to check if it runs well.

Examples in Different Contexts

In product management, 'MVP development' is used to minimize the risk by developing a product with enough features to satisfy early adopters and provide feedback for future development. A product manager might note, 'Focusing on MVP development helps us avoid over-engineering and ensures we build features that customers really want.'

Practice Scenarios

Tech

Scenario:

Our platform has a few key bugs, making it difficult for users. We need to think about solving these issues.

Response:

Agreed, why don't we follow a mvp-development process? It may help us to identify and resolve these bugs quicker.

Business

Scenario:

This prototype isn't meeting our expectations. It's essential to strategize for a better solution.

Response:

Should we consider an mvp-development approach which allows us to test the market with a functional but basic version of the product?