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Minimum Viable Product (MVP)

The smallest workable version of a product that includes only essential features needed to validate assumptions with real users and gather learning quickly.

Key Points

  • Delivers only the must-have functionality to test key hypotheses fast.
  • Optimized for learning and risk reduction, not for completeness or scale.
  • Uses real user feedback and measurable outcomes to guide next steps.
  • Should be usable and valuable, even if limited in scope and polish.

Example

A startup building a meal-delivery app releases an MVP with account sign-up, basic menu browsing, a single payment method, and delivery to one neighborhood. The team measures sign-ups, order completion rate, and delivery satisfaction to confirm demand and refine the service before investing in more features.

PMP Example Question

A team wants to validate customer demand and workflow assumptions before funding a full-featured release. What should the project manager recommend?

  1. Minimum Viable Product (MVP)
  2. High-fidelity prototype with all screens
  3. Proof of concept in a lab environment
  4. General availability release with full feature set

Correct Answer: A — Minimum Viable Product (MVP)

Explanation: An MVP is a lightweight version of a product with just enough features to test assumptions in the market and gather validated learning, reducing risk before larger investment.

How To Land the Job and Interview for Project Managers Course

Take the next big step in your project management career with HK School of Management. Whether you're breaking into the field or aiming for your dream job, this course gives you the tools to stand out, impress in interviews, and secure the role you deserve.

This isn’t just another job-hunting guide—it’s a tailored roadmap for project managers. You’ll craft winning resumes, tackle tough interview questions, and plan your first 90 days with confidence. Our hands-on approach includes real-world examples, AI-powered resume hacks, and interactive exercises to sharpen your skills.

You'll navigate the hiring process like a pro, with expert insights on personal branding, salary negotiation, and career growth strategies. Plus, downloadable templates and step-by-step guidance ensure you're always prepared.

Learn from seasoned professionals and join a community of ambitious project managers. Ready to land your ideal job and thrive in your career? Enroll now and take control of your future!



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HK School of Management delivers top-tier training in Project Management, Job Search Strategies, and Career Growth. For the price of a lunch, you’ll gain expert insights into landing your dream PM role, mastering interviews, and negotiating like a pro. With a 30-day money-back guarantee, there’s zero risk—just a clear path to success!

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