Minimum Viable Product
The smallest releasable version of a product that delivers value and enables learning.
A Minimum Viable Product (MVP) is the earliest deployable increment containing only the features needed to satisfy initial adopters and generate validated learning about customer needs. In agile and hybrid delivery, it is a deliberate risk-reduction move: releasing the smallest functional slice tests core assumptions before committing further budget and schedule. On the exam, distinguish an MVP from a prototype—a prototype is a disposable, often non-functional demonstration used to visualize a concept, whereas an MVP is a real working product released to real users. MVPs deliver incremental business value and inform backlog refinement.
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