Projects for
product development can't proceed further until there's proof that a viable
product can be made. That's why you'll need proof of concept (POC) to
demonstrate that a business idea or project is viable. You can go for Project Management Professional.
What is a proof
of concept, exactly? It may seem like a prototype or a minimal viable product,
but it is neither. Later on, we'll compare those product development
approaches, but first, let's define proof of concept.
What is
Proof of Concept (POC)?
Proof of concept
(POC) is proof obtained through a pilot project that is carried out to
establish the feasibility of a product concept, business plan, or project plan.
Clinical trials, for example, are used in drug development to gather proof of
concept for a final product.
But a proof of
concept does more than that. A proof-of-concept gathers user comments and
insights from your team members, including those who might not normally
contribute, reducing the likelihood of an unanticipated risk.
Benefits
of using proof of concept
A proof of
concept, comparable to a prototype or a lean manufacturing "minimum viable
product," is a pilot study that evaluates the feasibility of your strategy
before work begins.
A proof of
concept (POC) demonstrates that the concepts and theories used in a project
will result in a successful final product. POCs do not provide deliverables
because the primary concern is the project's feasibility.
What is
the main difference between concept and prototype?
While proof of
concept may sound similar to prototyping, the two are distinct, and each serves
a distinct purpose. The proof-of-concept is a short project that is used to
test the concept. POC's main purpose is to demonstrate that a product notion is
both functional and developable.
Prototyping is a
vital practice as well. Prototypes are made to help people visualize how a
thing will work in the real world. It demonstrates design, navigation, and
layout, among other things. As a result, a proof of concept demonstrates that a
product notion can be realized, whereas a prototype demonstrates how it is
accomplished.
Proof
of concept vs minimum viable product
A minimum viable
product (MVP) is a refined version of your prototype product. Simply defined, a
minimal viable product contains only the elements that your users require to
get a sense of what your product is like and what it can achieve.
So, the primary
distinction between a proof of concept (POC) and a minimum viable product (MVP)
is that they are developed at various stages of the product development process
and serve entirely different goals.
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