An MVP is a development technique where an initial product version is created with basic features to satisfy early users, allowing feedback to guide further development before a final product. It has the minimum functionality needed for early users but demonstrates future potential value, and uses feedback to prioritize future improvements. An MVP team typically consists of around 10 cross-functional members including a product owner and scrum master, working in short 10-minute sprints to iteratively build out the product.
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Scrum Bangalore 18th Meetup - October 15, 2016 - Building an MVP - Madhu Krishnappa - at Prowareness
2. A minimum viable product (MVP) is a development technique in
which a new product or website is developed with sufficient
features to satisfy early adopters.
The final, complete set of features is only designed and
developed after considering feedback from the product's initial
users.
Techopedia explains Minimum Viable Product (MVP)
A minimum viable product (MVP) is the most pared down
version of a product that can still be released.
3. Three Key characteristics:
It has enough value that people are willing to use it or buy
it initially
It demonstrates enough future benefit to retain early
adopters
It provides a feedback loop to guide future development
7. Team of ~10 members
Team consist of atleast 1 PO and 1 SM.
3 sprints, each of 10 mins.
Editor's Notes
it assumes that early adopters can see the vision or promise the final product and provide the valuable feedback needed to guide developers forward.