srs document

SRS Document: The What, the Why, and the How

What is a software requirements specification (SRS) document? Software requirements specification (SRS) document in software engineering, or a black‐box specification, is a comprehensive description of a software system. It determines what features a system must have and how its features must function. Check out this forum if you're wondering why an SRS document is also called a...
The Core component of lean startup methodology

MVP Building: The Core Component of Lean Startup Methodology

By launching a new enterprise - whether it is a small startup or an initiative within a large corporation - businesses always set foot in an unknown territory. According to the old and conventional approaches, you have the idea, spend months on writing a detailed business plan, analyze the market, assemble a team, develop a perfect product, and start promoting it. Since this sequence of steps...
outsourcing mvp development for startups

Why Is Outsourcing Your MVP a Good Idea

After mulling an idea over for a new product and analyzing the market, it is time to plan and build an MVP. There are several options: finding a technical co-founder, hiring full-time employees or freelancers, or outsourcing the project. Many startup founders are skeptical about outsourcing their MVP. They ask themselves a lot of questions: will my intellectual property be secure? Will the...
startups developing minimum viable product

How to Build a Successful Minimum Viable Product (MVP)

Deploying a new product and validating a new idea is always a big risk for an entrepreneur. Can the product be successfully implemented? Is it unique and distinctive enough? Does it answer the customers’ needs? A minimum viable product will help answer all these queries. What is a Minimum Viable Product? A Minimum Viable Product (MVP) is the product in its smallest and simplest form with only...