Minimum Viable Product (MVP)

• Investment in creating a new product or service

• Created to explore a hypothesis

• It starts as a functional prototype where some functionality can be simulated

• The goal is just to do enough work to get something in front of potential customers to learn what they actually want.

Minimum Release Feature (MRF) or Minimum Marketable Feature (MMR)

• Smallest increment that fits in an MVP or MBI

• A fully functional feature that provides value to the customer

• It could potentially be deployed on its own

Minimum Business Increment (MBI)

• The smallest-releasable business value that is designed for manufacture, assembly, service, robustness, and/or maintainability.

• Guidance to Design for X

• Focus on the highest value and quick

Minimum Marketable Release (MMR) or Minimum Marketable Product (MMP)

• A batch of one or more MBIs