Minimum Viable Product (MVP) development is not immune to myths and misconceptions. One common myth is that an MVP should be of low quality, which is false. An MVP should have a basic but functional design to deliver value to early users. Another myth is that an MVP is a one-time release, whereas it is an iterative process aimed at continuous improvement. Some believe that an MVP is only for startups, while established companies also benefit from this approach to validate new features or concepts. Understanding the true nature of MVPs dispels these myths, emphasizing the importance of user feedback, rapid validation, and data-driven decisions for successful product development.
MVP, or Minimum Viable Product, is an often-used terminology that finds its origins in the Lean and Agile development process. It has now become common in software development parlance. Although the concept was coined by Frank Robinson, MVP became more mainstream after Eric Ries described it in his book The Lean Startup, “ A key … Read more