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Minimum viable product (MVP)
KEY LEARNING POINT
Learn how to explore and develop your ideas and validate their viability rapidly.
The minimum viable product (MVP) is a concept (first coined and defined by Frank Robinson within software development) that helps to identify and scope the minimum viable activity that initially can prove, and later deliver, the benefits required to achieve a viable solution.
A key component of an MVP is that while it is minimal, it is also viable; the solution must be viable in that it adequately represents the value. This may be the overall goal, a specific feature or component where more insight is needed. An MVP is not a cheaper or diluted version of the final product; it is a representation of it, either ...
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