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Project manager runs the product development. Throughout the entire development stage, this person ensures that the project goes in line with the set budget and time frames. Product manager is responsible for market success. Estimate time, budget, and risks. Lead the development of product prototypes.
MinimumViableProduct. Statistics show that 42 percent of startups fail because they don’t solve the product-market fit. Building a MinimumViableProduct helps avoid this problem by testing the product and tweaking it iteratively. KPI – Indicators to trace at the entry level.
So, product development can be divided into two phases: discovery and delivery. The delivery process is traditionally the most time-, effort-, and budget-consuming. But, wrong market assumptions are what make products fail. So, in this article, we’ll define what product discovery is and its goals.
Notably, every goal should have a clear KPI (Key Performance Indicators). KPIs work wonders when they are numerical. Also, selecting app development methods for your project is based on technical expertise, budget, app complexity and time to market. . Chapter 2.3 – Craft An MVP (MinimumViableProduct).
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