PRODUCT VISION
A concise statement describing the desired future state and purpose of a product.
What is a Product Vision?
The benefit customers receive from using a product or service.
What is Customer Value?
An ordered list of desired work, features, fixes, and enhancements for a product.
What is a Product Backlog?
A short description of functionality written from the user's perspective.
What is a User Story?
Building more features does not necessarily mean increasing this.
What is Customer Value?
The person primarily responsible for maximizing product value and managing priorities.
Who is the Product Owner?
Creating the simplest version of a product capable of validating assumptions and gathering feedback.
What is a Minimum Viable Product (MVP)?
The ongoing activity of clarifying, estimating, and preparing backlog items.
What is Backlog Refinement?
A large body of work that is too big to complete in a single iteration.
What is an Epic?
An MVP is designed primarily to accomplish this.
What is validate assumptions and gather learning?
A long-term, high-level view showing intended product direction over time.
What is a Product Roadmap?
A fictional representation of a target user created to better understand customer needs.
What is a Persona?
A prioritization technique categorizing work as Must, Should, Could, and Won’t.
What is MoSCoW Prioritization?
Breaking larger work into smaller, independently deliverable pieces.
What is Story Slicing?
The product backlog should always possess this characteristic regarding priorities.
What is Ordered (or Prioritized)?
The process of ensuring development work remains aligned with customer and business objectives.
What is Product Alignment?
The agile practice of collecting stakeholder or user reactions to guide future product decisions.
What is Customer Feedback?
Prioritizing work by balancing business value against effort required.
What is Value vs. Effort Prioritization?
A visual technique used to organize user activities and product functionality.
What is Story Mapping?
A user story describes requirements primarily from this viewpoint.
What is the User’s Perspective?
The practice of validating that work supports the overall product strategy before committing resources.
What is Strategic Prioritization?
A technique used to determine which product capabilities provide the highest business benefit.
What is Value Prioritization?
A prioritization method commonly used in scaled agile environments that considers cost of delay and job duration.
What is Weighted Shortest Job First (WSJF)?
A lightweight visual or functional model used to explore ideas and validate assumptions.
What is a Prototype?
The smallest releasable product increment that provides enough value customers are willing to use, buy, or adopt.
What is a Minimum Marketable Product (MMP)?
MVP = "Can we learn?"
MMP = "Can we sell/use/adopt?"