Minimum Viable Product (MVP)

Catalogued

A Minimum Viable Product is a version of a product released with only essential features needed to satisfy early users and validate core business assumptions. Teams develop MVPs by identifying the smallest set of functionality that delivers value while minimizing development time and resources. This approach is used to test market demand, gather user feedback, and inform go-to-market decisions before committing to full-scale product development.

Minimum Viable Product (MVP) sits under Product Strategy and Vision in the Product & Program Management domain of the Luminid skills catalogue.

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