COMP1531
10.2 - SDLC - Building an MVP
Being Lean
- Eric Ries produced a very popular book known as the "Lean Startup". The book focuses on methods to shorten the product development life cycle and determine if a business is viable or not more rapidly.
- "Build-measure-learn" principles
Lean Canvas
- A "Lean Canvas" is a common tool used to try and articulate the core principles of a business
- These canvases can then be used to inform what to build.
- If you ever want to start a business - start here
Lean Canvas
Product-Market Fit
- Product-Market Fit (PMF) is the degree to which a product satisfies a strong market demand.
- Young companies thrive to reach PMF as soon as possible, as it's usually a key step in early growth
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One of the earliest steps of exploring PMF in a lean way, and verifying the business viability, is to build an MVP
- To build an MVP, one must first understand the business
- The sole purpose of an MVP is to validate assumptions, not to build good technology
COMP1531 21T1 - 10.2 - SDLC - Building an MVP
By haydensmith
