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. In this environment, it’s harder to predict what will happen because […]
Tag Archives: Product Development
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?
When developing and launching a new product, you need to anticipate future trends and what customers will want in the coming months. However, very few of us can predict the future or conduct lengthy market and customer analyses. This is where Agile Product Development comes into play, applying concepts like the Minimum Viable Product (MVP) […]
Do You Really Know the Minimum Viable Product (MVP) in Agile Projects?
Curious about what really defines a Minimum Viable Product (MVP) in agile projects? Developing innovative products often comes with high risks, which can lead to project failures. In this context, using an MVP has shown to be a highly effective approach, especially in agile software development. Do you understand what an MVP is, why it’s […]