Understand the value of the minimum viable product (MVP) and minimum marketable feature when adapting your review cycles to mitigate risk in an agile project.
- There is a tendency for teams to think big.…This is a good thing.…We want them to remember the big picture,…the final product they'll be delivering.…But, when it comes to value,…they need to be thinking more about elephants.…You know, the elephant from the old adage,…how do you eat an elephant?…One bite at a time.…Your Agile projects are the same way.…Because of the vision,…we know the big picture for our project,…but we need to break that down into a series of deliverables…that will get us to the product one bite at a time.…
As we plan our projects and the releases that we'll produce,…we have to remember that every release needs to be valuable.…In this context, valuable means that the release…has to be useful to our customers.…The term minimum viable product or MVP…is the Agile shorthand for these small increments.…Another common term is the minimum…marketable feature or MMF.…They mean the same thing and they refer to rolling out…a set of features that's enough to meet early demand…but not the whole product.…
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- Agile principles and the agile mindset
- Defining valuable deliverables
- Engaging your stakeholders
- Collaborating across stakeholders
- Planning agile projects
- Troubleshooting projects
- Continuous improvement