Agile Concept: Minimal Viable Product (MVP)

Definition

MVP refers to a set of functionality that is complete enough to be useful, but small enough not to be a whole project.

Understanding MVP in Software Development

In software development, an MVP is typically a module. Consider the example of an accounting system like QuickBooks.

Example: QuickBooks Accounting Software

QuickBooks includes multiple functionalities:

• Accounts Receivable
• Accounts Payable
• Bank Reconciliation
• Reports

If QuickBooks were built following Agile methods, the development team would create and release modules incrementally, such as:

• Accounts Payable Section
• Accounts Receivable Section
• Ability to Write Checks
• Ability to Generate Invoices

Importance of MVP in Agile

Agile promotes the use of MVPs to deliver value early and continuously. This allows users to start using parts of the system before the entire project is completed.

By delivering multiple MVPs throughout a project, Agile ensures that stakeholders can see and benefit from the software as it evolves.