In a nutshell, Proof of Concept (POC) demonstrates that a product or project is worthy enough to justify the expenses necessary to develop and support it. Usually, investors require it as tangible proof that a startup can guarantee a healthy ROI (Return on Investment). Landing pages, product demos, and crowdfunding http://cd-b.ru/ogan_izvinilsya_pered_putinym_za_sbityj_ross.htm projects are all good examples of MVPs. Sprints are short repeatable phases of a continuous project development cycle that last between one and four weeks. In Agile and Scrum methodologies they mean an approach that breaks large-scale, complex projects down into smaller and more manageable parts.

development glossary

Moreover, it is crucial to understand, that UX and UI cannot exist without one another; at the same time, they are separate roles with separate processes and tasks. POC can also help the Project Manager identify any gaps in the processes that might interfere with successful project outcomes. Check out the interview with our Project Manager to get more insights into the importance of PM in the development process. At ein-des-ein, we include the Intellectual property clause in the contract so that the clients can be 100% sure that they are the sole owners of the app. Clients receive 24/7 access to proven management and technology research, expert advice, benchmarks, diagnostics and more.

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development glossary

Stages of the sales process that a potential customer goes through from initial contact to closed transaction. A market entry strategy where you enter one market at a time, learn from that market, and then use that knowledge to enter the next market. Specific strategies or actions a BD professional takes to improve traction with building a partnership or growth program internally.

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This glossary is intended as introductory material for novices; for more specific and technical detail, see the article corresponding to each term. Additional terms relevant to vertebrate reproduction and development may also be found in Glossary of biology, Glossary of cell biology, Glossary of genetics, and Glossary of evolutionary biology. The goal of UI design is to provider a positive experience for the website visitor, and is a cruicial subset of the overal User Experience (UX).

  • The number or percentage of customers who stop paying for your product or service during a specific time period.
  • Equity
    Equity is the consistent and systemic fair, just, and impartial treatment of all individuals, including individuals who belong to underserved communities.
  • Below are the most important terms to know when getting started in the world of business development.
  • UX designers focus more on the user’s journey through the website and helping them to achieve their goals.