This document presents the Reverse Chaos method for prioritizing requirements. It summarizes findings from the Chaos Report showing small projects have a 76% success rate while large projects have only a 10% success rate due to the increased number of decisions required. The document advocates selecting the minimum number of features needed to provide customer value using techniques like card sorting and building a minimum viable product (MVP) or minimum viable feature (MVF).
14. Hardly
or
never
50%
SomeFmes
or
occasionally
30%
OHen
20%
Usage of Implemented Features
15. Not
implemented
33%
Hardly
or
never
used
33%
Used
someFmes
or
infrequently
20%
Used
oHen
14%
Planned Features
16. Even if you have half your users asking
for a feature it doesn’t necessarily mean
they will actually use the feature.
What people say they will do is
often radically different from what
they actually do.
hLp://www.mindtheproduct.com/2013/05/the-‐minimally-‐viable-‐feature-‐approach/
17. … there’s a much bigger problem… :
people are often incapable of
articulating why they do things or
how they would behave in the
future.
hLp://www.forbes.com/sites/rogerdooley/2012/10/04/market-‐research/
38. We define MVP as… unique
product that maximizes
return on risk for both the
vendor and the customer..
Frank Robinson
Coined the term “Minimum Viable Product” in 2001
http://www.syncdev.com/minimum-viable-product/
39. .
Frank Robinson,
Coined the term “Minimum Viable Product” in 2001
http://www.syncdev.com/minimum-
viable-product/
* Hurdle rate is the minimum acceptable rate of return.
Most companies use 12% hurdle rate.
*
https://en.wikipedia.org/wiki/
Minimum_acceptable_rate_of_return
40. .
Ash Maurya
Author of “Running Lean” and creator of “Lean Canvas”
http://leanstack.com/minimum-viable-product//
Minimum Viable Product
is the smallest thing
you can build that
delivers customer value
(and as a bonus captures some of that value
back).
43. ED
1
2
3
Gena
Drahun,
September
2015
|
With
compliments
to
Jussi
Pasanen
and
Aaron
Walter
Build the product small but complete,
not by a part, by a slice or by a layer.