diff --git a/mvp/README.md b/mvp/README.md new file mode 100644 index 0000000..05f8d5e --- /dev/null +++ b/mvp/README.md @@ -0,0 +1,19 @@ + +**User-Centric** design enables the continuous delivery of value to users. This means that putting a good, functional, tool in the hands of users quickly is more valuable than delivering a perfect tool when it's too late. + +Design Thinking accomplishes this by establishing the boundaries of the product early through the definition of the **Minimum Viable Product**, or **MVP**. Once the MVP is delivered, the team continues to iterate on the solution, incrementally improving and enhancing it by leveraging continuous feedback from users and stakeholders. + +The **Minimum Viable Product** is a product version delivered with just enough features to satisfy early adopters and elicit feedback for future development. The Minimum Viable Product should satisfy the following conditions: +1. Has sufficient **_value_** to **_attract_** early adopters +2. Demonstrates enough **_value_** to **_retain_** these users +3. Establishes a **_feedback_** loop to **_guide_** future development + +Eric Ries has [defined](https://www.agilealliance.org/glossary/mvp) the MVP as "that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort." + +There are three factors to be considered when establishing the MVP: +1. Desirability - what does the user need? +2. Viability - what is is the business case for the product? +3. Feasibility - what is technically & financially feasible? + +In Design Thinking, human-centered design begins with Desirability. The convergence of user need, business viability, and technical & financial feasibility outlines the solution. +