How to Get a Job For Project Managers

Learn how to write resume and interview

Leadership for Project Managers

Learn how to lead and drive project success.

Project Management Bootcamp

From a beginner to project management professional.

Agile Project Management and SCRUM with AI

Learn to run Scrum and Agile with AI.

minimum viable product (MVP)

An approach to set the scope of the first customer release by choosing the smallest set of features or requirements that still delivers meaningful value.

Key Points

  • Defines what goes into the very first release to customers.
  • Includes only essential, value-adding features; defers nice-to-have items.
  • Enables quick feedback to validate assumptions and guide future work.
  • Helps balance scope, time, and budget by limiting initial functionality.

Example

A team building a ride-sharing app launches an MVP with account creation, pickup requests, driver matching, and payments. Features like driver ratings, route sharing, and promo codes are postponed for later iterations based on user feedback.

PMP Example Question

Which statement best describes a minimum viable product (MVP)?

  1. A complete set of features required for the product's long-term roadmap.
  2. The smallest feature set that delivers value to customers in the first release.
  3. An internal prototype built only to test technical feasibility with no customer value.
  4. A business case document that justifies funding for the entire product.

Correct Answer: B — The smallest value-delivering feature set for the first customer release

Explanation: An MVP focuses on the least amount of functionality that still provides real value to customers, enabling early release and feedback.

Project Management Bootcamp

Embark on a transformative journey with our Project Management Bootcamp at HK School of Management. Elevate from beginner to pro using the latest PMBOK and Process Groups Practice Guide. Our unique, engaging approach makes learning interactive and fun, replacing dull slides with dynamic doodles and real-life scenarios.

This hands-on program includes working on two full project plans. The first evolves as you learn, while the second culminates in a comprehensive plan, solidifying your expertise. You'll navigate real-world challenges, backed by quizzes and in-depth analysis, avoiding common pitfalls and setting you on a path to success.

Enhance your learning with downloadable materials and templates, invaluable for your future projects. The course covers essential topics like PMI, PMO, PMBOK, and project management ethics, delving into critical process groups and key areas such as scope, schedule, cost, and stakeholder management.

Learn from seasoned professionals and join a community of enthusiastic lifelong learners. Ready to master project management and lead with confidence? Enroll now and start your transformation!



Advance your Lean Six Sigma expertise!

HK School of Management helps you take Lean Six Sigma to the next level—without the overwhelm. Master advanced statistical tools, Excel-based analysis, and real-world improvement techniques to solve complex problems with confidence. For the price of lunch, you get practical templates, guided examples, and hands-on project experience you can use immediately at work. Backed by our 30-day money-back guarantee—zero risk, real impact.

Learn More