Minimum Viable Product

How To Perform MVP Project Management Effectively?

Estimated read time: 12 minutes

Trying to find a way how to perform MVP project management in your enterprise company?

You have come to the right place.

An MVP is an ideal way to get a basic version of your idea up and running so you can get feedback from your future users. You build an MVP to validate what you have learned about your potential customers.

While conceptualizing your product, you build a hypothesis about how your customers might respond to it. You also conduct market surveys to gather more information. However, none of these can replace an experiment in the market.

An MVP allows you to conduct that experiment. It might be closer to the prototype you had zeroed in on rather than the end product with all features. Nevertheless, it allows you to gain real insights into what your customers want.

Read more about MVP in “Defining MVP, MMF, MMP, and MMR.”

mvp project management process

Why MVPs Matter to Agile Methodology

The importance of MVPs in Agile lies in the fact that MVPs help Agile teams to plan and execute iterations intelligently. While Agile project management is now very popular, its root lies in the Agile software development lifecycle model.

As I have explained in “What is software development life cycle?”, the Agile SDLC model involves iterations of development, testing, and getting customer feedback. An Agile team incorporates the feedback in the next iteration, which may be called a “Sprint” if you use a technique like “Scrum”.

banner-img

Get a complimentary discovery call and a free ballpark estimate for your project

Trusted by 100x of startups and companies like

However, how will you get feedback from the market? You will need to offer a product to users, even if it’s a basic version of what you finally plan to offer to your actual users. This product should deliver the basic functionalities it offers, which will allow users to evaluate it.

The simplest version of your product is an MVP, which the users can evaluate. It enables you to gain market feedback so that you can plan your next iteration. Read “MVP is the Key to Agile project management” for more insights.

The Benefits of the Agile MVP Approach

There are several benefits of MVP development, e.g.:

  • It’s cheaper to develop an MVP since it will have the most basic features.
  • Since you are not trying to create the perfect product in the very first iteration, developing an MVP app is faster.
  • Considering that you are offering only the very basic features during MVP development, you will need to code less. Your product support requirements will also be minimal.

These factors combine to give you a quick “Time-to-Market,” which enables you to get market feedback more quickly. Read more about this in “Advantages of using a minimum viable product approach.”

MVP Project Management in the Enterprise Context: “Minimal Enterprise-Viable Product” (MEVP)

MVPs in the context of start-ups dominate most discussions about MVPs, however, enterprises are using the MVP approach too. “Minimal Enterprise-Viable Product” (MVP) is a term commonly used when describing an enterprise developing an MVP.

There are differences between MVPs and MEVPs in the start-up context. These differences arise since MEVPs need to meet the viability requirements of enterprises, which are different from MVP project management in start-ups.

These differences are as follows:

  • Start-ups have a limited number of clients to start with. Therefore, they can afford more trial-and-error iterations. On the other hand, enterprises can’t have the same leeway.
  • A start-up can start with a monolithic architecture for its MVP and later use the microservices architecture. Enterprises need to design their MEVPs for scalability from the very beginning.
  • Start-ups commonly use open-source technologies, however, enterprises need to carefully plan before using such technologies. Enterprises need to consider factors like licensing, scalability, etc.

You can read “MVP for Enterprise: great potential, great danger” to learn more about this.

MVP Project Management in an Enterprise Context

Managing a minimal viable product in an enterprise context

How do you go about the product lifecycle management for an MVP in the context of your enterprise? I will now explain the steps involved, which are as follows:

1. Identify the business needs and understand what the market requires

This is the very first step in your MVP journey, and this involves asking several questions. Given the importance of this step, you need the business and project stakeholders to actively participate in the required meetings.

You need to ask the following questions during these meetings:

  • Do you see an opportunity gap or a performance gap? If you aren’t addressing some of your opportunities, then you have an opportunity gap. On the other hand, if your organization isn’t performing optimally, then you have a performance gap. Read more about this in “Danger Zone: Are you Ignoring Your Opportunity Gap?”. You build an MVP only if there’s a gap.
  • What are your competitors doing to address this gap?
  • What should you do differently from your competitors?
  • In the long term, what are the goals you want to achieve with this product?

2. The discovery session

At this point, the project team might only have a vision concerning the product or the app. The team doesn’t have any more information about it.

Hire expert developers for your next project

62 Expert dev teams,
1,200 top developers
350+ Businesses trusted
us since 2016

A discovery session is a crucial step in the MVP product development lifecycle since it offers clarity about the product to be developed. The following are the characteristics of a discovery session:

  • Discovery sessions are short, e.g., they might last 2-3 days.
  • These sessions are intense, and they require effective participation from the stakeholders.
  • A discovery session might involve interviews with the business stakeholders and/or users, requirements clarification meetings, etc.
  • The team tries to understand who the users of the product are during a discovery session.
  • Discovery sessions aim to explain to the team the users’ needs that the proposed final product will meet.
  • A project team uses discovery sessions to understand the key metrics for determining whether the product is successful.
  • Discovery sessions should map the users’ journey completely. This exercise should answer questions like how a user should start using the software, the workflow of the user, what end goal the user should reach, etc.
  • You should aim to understand the value of the proposed product from the users’ perspective during a discovery session. Ask questions like “What tangible gains a user could have from the product?”.

Read more about this process in “Lean Inception.”

3. Create a “Pain and Gain Map” for MVP project management

Now that you have concluded the discovery session, you have the required clarity about what your app should offer. While that’s great, how would you prioritize the features that you will offer in your MVP app?

Creating a “Pain and Gain Map” can help you with this. It’s a popular tool that helps you see where your users can derive optimal value. You can create a “Pain and Gain Map” by taking the following steps:

  • Revisit the needs of your users and see where they need help.
  • Categorize the pain points of the users by assigning priorities to them, i.e., which pain points are the most prominent ones?
  • Document the gains to users when you resolve these pain points. Quantify the gains wherever possible, and use detailed qualitative statements when you can’t quantify the gains.
  • This helps you identify the most impactful features of your product. Furthermore, you will be able to identify the features that have a lesser impact.
  • You should use a chart format to create a pain-and-gain map, prioritizing the features along the way.

Read more about this in “Pain-Gain Map.” With this tool, you can make more informed decisions about which features you should include in your MVP.

4. Decide on the features to include

You now have enough information on which features deliver maximum value to your users. The next step is to decide on features that you should include in the MVP and identify features for subsequent iterations.

You can use various tools and techniques for this, e.g.:

4a. Opportunity statements:

You can create statements for each opportunity that you have identified. Include as much quantifiable information here as you can.

4b. Breakdown of features

Provide a breakdown of features you will include in your product roadmap.

4c. Prioritization matrix

Based on the importance of the features, prioritize them in a matrix based on their impact and urgency. You should include features with high impact and high urgency in the MVP. Read more about the prioritization matrix in “MVP & feature prioritization.”

The features with high impact and low urgency should be revisited, and you can do the same for the features with low impact and high urgency. You could decide to exclude features with low impact and urgency.

5. Plan your project

Now that you have decided about the features you will include in the MVP, you should plan the project. You need to adopt an approach that gives you the best chance of success. This involves the following:

Hire expert developers for your next project

Trusted by
  • Onboarding the right people: You need to get a competent project manager (PM). Furthermore, you should onboard an experienced IT architect. Business analysts, UI designers, developers, testers, and DevOps engineers are the other roles that you should staff. I recommend that you onboard a field expert development team for complex projects, as I have explained in “Freelance app development team vs. field expert software development teams.”
  • Organize the team: You should use the “Scrum” technique to organize the team, and I will talk about it shortly.
  • Decide about creating a web app, a native app, or a hybrid app. Remember that native apps deliver the best user experience to mobile users. However, hybrid apps are less expensive to develop. “Progressive Web Apps” (PWAs) fall somewhere between native and hybrid apps.
  • Identify managed cloud platforms that you might use. “Platform-as-a-Service” platforms like AWS Elastic Beanstalk can make it easier to develop web apps, as I have explained in “10 top PaaS providers”. Similarly, “Mobile-Backend-as-a-Service” (MBaaS) platforms like AWS Amplify can reduce your mobile backend development effort.
  • Identify IDEs that you may use, e.g., Android Studio for Android development. If you are developing an iOS app, then you should use Xcode, whereas Eclipse is a robust IDE for developing web apps.
  • Use a mobile device and browser lab on the cloud, which will help you test your app against all devices and browsers. A good option is pCloudy since they offer over 5,000 device-browser combinations.
  • Depending on your features, you could benefit from using market-leading application programming interfaces (APIs) and software development kits (SDKs). Remember to plan the architecture of the project well since using too many 3rd party APIs can introduce several external dependencies.
  • Use the right guidelines for UI design, e.g., “Human Interface Guidelines” for designing the UI for an iOS app, “Material design” guidelines for Android app UI design, etc.

6. Use the “Scrum” technique for MVP project management

We at DevTeam.Space, recommend that you use the “Scrum” technique to manage the MVP development and further iterations. It’s a tried-and-tested technique for Agile projects.

You should do the following:

  • Organize your team as a “Scrum team,” which is a cross-functional team where developers and testers work together.
  • The PM should perform the role of a “Scrum master.”
  • The team plans “Sprints”, i.e., iterations in meetings called the “Sprint planning meetings”.
  • Project status reporting takes place in meetings called the “Daily stand-up meetings.”
  • The business stakeholders review the app in “Sprint review meetings”, where the team demonstrated the app.
  • After the business stakeholders approve a sprint, the team conducts a “Sprint retrospective meeting.” It’s a lessons-learned exercise.

Read more about this technique in “How to build a Scrum development team?”.

Planning To Build a Strategic MVP in Your Enterprise?

While this guide will help you to manage the process, remember that enterprise software development tends to be complex. Consider engaging a reputed and trusted software development company for such projects. Read “How to find the best software development company?”, which will help you find one.

If you are still looking for a trusted software development partner, DevTeam.Space can help you. Write to us your project specifications to outsource developers from our field-expert software developers and project managers community. One of our account managers will contact you to guide you through the process in detail.

DevTeam.Space is an innovative American software development company with over 99% project success rate. DevTeam.Space builds reliable and scalable custom software applications, mobile apps, websites, live-streaming software applications, speech recognition systems, ChatGPT and AI-powered solutions, and IoT solutions and conducts complex software integrations for various industries, including finance, hospitality, healthcare, music, entertainment, gaming, e-commerce, banking, construction, and education software solutions on time and budget.

DevTeam.Space supports its clients with business analysts and dedicated tech account managers who monitor tech innovations and new developments and help our clients design, architect, and develop applications that will be relevant and easily upgradeable in the years to come.

Frequently Asked Questions

1. How can you manage an MVP effectively in an enterprise? 

You need to do the following to manage an MVP effectively in your enterprise:
Identify the business needs and what the market requires.
Conduct discovery sessions to map the users’ end objective and journey through the proposed product.
Identify which features solve the pain points of users and prioritize features based on validated learning of customers.
Plan the MVP development cycle, which includes choosing a technology stack and forming a team.
Use the “Scrum” technique, which helps to deliver Agile projects effectively.

2. What makes it complex to develop an MVP in an enterprise context? 

You include only a few functional features in an MVP, and you don’t focus on aspects like scalability and performance throughput at that time. However, enterprises build a considerable reputation over time; therefore, MVPs are different there. You need to think of aspects like scalability and performance throughput when launching an MVP in an enterprise. That makes it a complex project.

3. What are the key risks when developing an MVP in an enterprise context?

MVP development project teams often utilize open-source solutions. That could be hard in an enterprise context since many open-source solutions can’t be legally used in an enterprise. MVP development teams in a start-up may not focus much on quality assurance since they are focusing on key functional features only. However, even minor bugs in an enterprise MVP can damage the reputation of the company. Therefore, enterprises must focus heavily on quality assurance. This can put the MVP timeline at risk.


Alexey

Alexey Semeney

Founder of DevTeam.Space

gsma fi band

Hire Alexey and His Team To Build a Great Product

Alexey is the founder of DevTeam.Space. He is award nominee among TOP 26 mentors of FI's 'Global Startup Mentor Awards'.

Alexey is Expert Startup Review Panel member and advices the oldest angel investment group in Silicon Valley on products investment deals.

Hire Expert Developers

Some of our projects

NewWave AI

Academic

Papers

United States

All backend All frontend Design WordPress

A website to publish AI research papers with members-only access and a newsletter.

Details
Islandbargains

Shipping

Enterprise

FL, United States

Android iOS Java Mobile PHP Web Website

A complete rebuild and further extension of our client's web and mobile shipping system that serves 28 countries.

Details
Fun And Function

Mobile Web

E-commerce

Pennsylvania, United States

All frontend Design PHP

A mobile website update for the e-commerce marketplace to support mobile traffic growth. 

Details

Read about DevTeam.Space:

Forbes

New Internet Unicorns Will Be Built Remotely

Huffpost

DevTeam.Space’s goal is to be the most well-organized solution for outsourcing

Inc

The Tricks To Hiring and Managing a Virtual Work Force

Business Insider

DevTeam.Space Explains How to Structure Remote Team Management

With love from Florida 🌴

Tell Us About Your Challenge & Get a Free Strategy Session

Hire Expert Developers
banner-img
Hire expert developers with DevTeam.Space to build and scale your software products

Hundreds of startups and companies like Samsung, Airbus, NEC, and Disney rely on us to build great software products. We can help you, too — 99% project success rate since 2016.