Glossar - Details
MVP (Minimum Viable Product)
MVP (Minimum Viable Product):
The MVP is the first minimal viable iteration of a product to be presented as a beta version or prototype, especially to potential investors, business partners or selected customers. The possibly fast and easily created product’s goal is to get feedback about the marketability and market acceptance about the new product as early as possible. This feedback will flow into further development – or products that are not accepted by the market will not be followed up on.
Reference Volume (and volume-specific, additional or differing definitions to the standard):
VDA volume "Agile Collaboration", Jan. 2021
MVP (Minimum Viable Product):
The MVP is the first minimal viable iteration of a product to be presented as a beta version or prototype, especially to potential investors, business partners or selected customers. The possibly fast and easily created product’s goal is to get feedback about the marketability and market acceptance about the new product as early as possible. This feedback will flow into further development – or products that are not accepted by the market will not be followed up on.
Reference Volume (and volume-specific, additional or differing definitions to the standard):
VDA volume "Agile Collaboration", Jan. 2021