Projects have always been a complex endeavor and have always to deal with the unpredictable, the surprising, and the unexpected. This was 200 years ago so, and it is still so. However, the complexity is increasing every year, especially when IT technologies are involved. It’s harder to predict what will happen because complex systems interact […]
Tag Archives: Minimum Viable Product
How to Reduce Risks in Product Development
Companies that develop products often take considerable risks that can, for example, jeopardize the continued existence of the company. Developing innovative products in particular is a risky and uncertain process and many products fail, for example, due to feasibility or market acceptance. This uncertainty often leads companies to avoid taking risks—and if they do, they […]
What is a Minimum Marketable Product in Agile Product Development?
If you want to develop and launch a new product, you need to be able to look into the future and anticipate what will be trending and what customers will be eager to buy in a few months. But very few of us can look into the future or do lengthy market and customer analyses. […]
Do You Really Know the Minimum Viable Product (MVP) in Agile Projects?
Developing new, innovative products is risky, and such projects often fail. In this context, the method with the Minimum Viable Product (MVP) has successfully established itself, especially in agile software development. Do you know what an MVP is, why and how it is created and how it is used correctly? If not, then this article […]