Words matter. So do acronyms.

March 23, 2018 — Posted by Al Shalloway

MVP, MMF, MMFS, MMR, MVR, MVF, MVI, MVP, Minimum Business Increment. Words matter. So do acronyms.

Minimum Viable Product

Minimum Marketable Feature

Minimum Marketable Feature Set

Minimum Marketable Release

Minimum Viable Release

Minimum Viable Feature

Minimum Viable Increment

Minimum Viable Product (Eric Ries changed the original meaning)

Minimum Business Increment (MBI)

If you are trying to discover what might be of value, MVP is a good choice. If you are trying to deliver value of an established product MBI is better than all the others. Why? You’re not going after viability, you’re going after quick realization of value. And why ‘business’? Because even if you’re working towards the customer realizing value it has to be done from the business’ perspective. That is, which customer, which product, …

The Agile community is sorely lacking in a method to focus on what is being built. Epic, feature, stories, tasks do not do that. Most people start with Agile at the team. This only reinforces a piece by piece building of value which is inherently more complex than starting with a vision of what you are trying to create.

 

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Al Shalloway

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About the author | Al Shalloway

Al Shalloway is the founder and CEO of Net Objectives. With 45 years of experience, Al is an industry thought leader in Lean, Kanban, product portfolio management, Scrum and agile design. He helps companies transition to Lean and Agile methods enterprise-wide as well teaches courses in these areas.



        

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