Minimum Viable Product (MVP) Meaning in Agile

Upsilon
2 min readAug 24, 2023

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Learn about the power of combining MVP and agile in product development. Discover how building a minimum viable product (MVP) in an agile manner can help you test hypotheses, satisfy early adopters, and reduce risks. Keep reading to find the meaning of MVP in agile and the benefits it brings to startups and established businesses.

(The “WHAT”) What does the concept of an MVP in agile imply? It all begins with the purpose of an MVP, which is an early, small version of a product. You build it gradually and test each of its versions to better understand what users want. Importantly, an MVP isn’t a prototype but a working solution that solves a user problem, even if it has few features.

(The “HOW”) What’s for agile, it’s a software development methodology that’s based on such pillars as flexibility, quick sprint-based development, continuous improvement, and collaboration. The best practices of this approach include:

🟡 iterative development
🟡 splitting the work into sprints
🟡 speed of delivery
🟡 close team collaboration
🟡 frequent communication
🟡 self-sufficient teams
🟡 valuing the release of functioning products rather than spending time on making the documentation flawless

When agile and MVP are combined into one development approach, this minimizes the costs and risks associated with building a product. Both terms imply feedback-based quality improvement and flexibility in responding to market demands and user needs, hence, teams can ultimately build better products.

For a detailed overview of the process, check out the full article, that’s packed with valuable insights and practical tips that will help you navigate the world of MVP development in agile:

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Upsilon

Digital product studio. We help early-stage startups (<$100K) and scaleups ($1M+) grow faster by creating products that drive results.