POC, Prototype, MVP, and Full Product: Development Stages
I work with business folks with little knowledge of product development jargon. My goal with this post is to explain the difference between the various product development stages - Proof of Concept (PoC), Prototype, Minimum Viable Product (MVP), and the full product. The proof of concept ensures the feasibility of the idea, the prototype visualizes the concept, the MVP provides a functional version for early adopters, and the final product is the complete, market-ready offering....