MVP
The first real, usable version of a product: the smallest scope that delivers value to real users, with planned near-term improvements.
The original startup meaning is the smallest version that tests whether people want the product at all. In large companies it has come to mean the first production release.
Also called
- Minimum viable product
Often confused with
- Proof of concept (POC) A small test of whether an idea or approach can work at all, usually on sample data and without real users.
- Pilot A release of a product to a limited group of real users doing real work, for a limited time, with a planned short-term review of its viability or effectiveness.