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Time and again, businesses and professionals are thrown off by PoC and MVP. POC vs MVP is a usual topic in the software development industry. However, not everyone is well-versed in the differences between the two.
In this blog post, we will be discussing the two terms – proof of concept and minimum viable product – and comparing them. Further, we will tell you when to choose MVP over PoC and vice-versa. Let’s start with the definitions of MVP and PoC.
Q 1.What is a Minimum Viable Product?
An MVP is a rendition of a business product that has only the most essential features. It helps to develop a market-suitable product.
Q 2.What is a Proof-of-Concept document?
It is a technical feasibility study that helps developers and business analysts to check the feasibility of a business solution.
Q 3.Is MVP an Agile term?
Yes, MVP is a common term in Agile. It helps businesses to develop a more rounded final product or a minimum marketable product. A minimum viable product can be used for both revenue generation and attracting investment.
Q 4.What is the difference between MVP and MMP?
MMP is the outcome of the next step in the product development process after developing a minimum viable product. A minimum marketable product is the finalised version of an MVP that takes user feedback into account.
Q 5.Is POC the same as prototype?
A proof-of-concept document helps to assess the technical aspects of a business idea, whereas a prototype facilitates testing the look and feel of a business idea.
