MVP: What It Is and How to Create Yours

Cross-cutting
Digital Skills

Soft skills

Duration

10 a.m.

PRESENTATION

With digitalization and the rise of digital startups, the processes of creating new business models and products have evolved rapidly. This evolution has been driven by the emergence of new business and innovation management techniques and methods, one of which is the MVP. The Minimum Viable Product is a set of requirements that a product must meet in order to be truly relevant to the customer, to be marketed, and thus to generate revenue. The development of the MVP is also based on the continuous collection of information, as well as on feedback and decision-making based on this data. This course: “MVP: ”What It Is and How to Create Your Own" will give you the tools and skills what you need to know to implement it.

Objectives

  • To determine the main characteristics and life cycle of a digital product.

  • To master the concept of MVP as well as the elements and tools related to it.

  • To identify the Main Characteristics of an MVP based on an analysis of the environment.

  • To apply the MVP Canvas to validate a business idea in a practical and effective way.

Syllabus

TEACHING UNIT 1. DIGITAL PRODUCT LIFE CYCLE 1. Features of the digital product 2. Phases of the digital product 3. Product roadmap and work team 4. Google Design Sprint 5. MVP instead of MPV 6. Scalability 7. Entry barriers and switching costs (lock-in) 8. Success stories TEACHING UNIT 2. DEVELOPING SUCCESSFUL PRODUCTS AND SERVICES 1. Breaking down the concept of MVP 2. Analysis of the competition and possible trends 3. Who would be willing to pay for your product? 4. Refine your business idea 5. Customer journey and magical moments 6. Build your own prototype 7. Experiment, test, and draw conclusions TEACHING UNIT 3. VALIDATE YOUR IDEA BEFORE IT IS RELEASED TO THE MARKET 1. What is the MVP Canvas and how does it work? 2. Customer segments 3. Value proposition 4. Distribution channels 5. Customer relations 6. Sources of income 7. Cost structure 8. Strategic partners 9. Key resources 10. Key activities
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Are the Educa PHAROS courses eligible for credit?

Many courses can be credited toward the master's programs at Structuralia.

Facts about our area

+ 1.483

Hours

+88.999

Minutes

264

Courses

Educa PHAROS is a next-generation training model that places a company’s human capital at the forefront. Through a platform that adapts to each company’s corporate identity and offers a total of more than 900 courses, it provides tailored training for each organization. The unlimited flat-rate plan provides each company with the number of courses that best suits its needs, as well as the ability to determine which employees will have access.
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