Minimum Viable Product (MVP)

5 minutes 5 Questions

Minimum Viable Product or MVP is a development technique where new products or websites are developed with sufficient features to satisfy early adopters. After that, final products, with more features, are developed after considering feedback from the product's initial users. It helps in avoiding t…

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PSM I - Minimum Viable Product (MVP) Example Questions

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Question 1

A startup is developing a project management tool with several features, such as task allocation, time tracking, and reporting. They want to release a Minimum Viable Product (MVP) to test its market potential. What should be included in the MVP?

Question 2

A company creating a pet monitoring system with video feed, health tracking, food dispensing, and activity monitoring wants to develop an MVP to test market response. What should be their primary MVP feature?

Question 3

A startup is developing an AI-powered note-taking app with features like voice transcription, smart categorization, and collaboration tools. What's the most effective MVP approach?

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