Which statement describes the Lean startup lifecycle?
A.
Define the minimum viable product (MVP), build the MVP, implement Epic Features until all Features are delivered
B.
Define the hypothesis, build a minimum viable product (MVP), continuously evaluate the MVP while implementing additional Features until WSJF determines work can stop
C.
Define a Lean business case, build a minimum viable product, implement the Epic Features until all Features are delivered
D.
Create a hypothesis statement, assign an Epic owner, deliver Features created from the Lean business case, deploy
The Answer Is:
B
This question includes an explanation.
Explanation:
The statement that describes the Lean startup lifecycle is: Define the hypothesis, build a minimum viable product (MVP), continuously evaluate the MVP while implementing additional Features until WSJF determines work can stop. The Lean startup lifecycle is a highly iterative build-measure-learn cycle that has proven to be effective in optimizing the economic value of strategic investments. It consists of three learning milestones: MVP, tune the engine, and pivot or persevere. The MVP is the smallest possible experiment that allows the enterprise to test the assumptions and hypotheses of an epic or a large initiative. The tune the engine phase involves quickly adjusting and moving towards the goal based on the data and feedback gathered from the MVP. The pivot or persevere phase involves deciding whether to deliver additional value or move on to something more valuable based on the validated learning. The Lean startup lifecycle is supported by the SAFe Lean Startup Cycle, which provides guidance and tools for applying the Lean startup principles in the context of SAFe. The SAFe Lean Startup Cycle includes the following steps:
Define the hypothesis – This step involves creating an epic hypothesis statement that defines the initiative, its expected benefits, and its leading indicators.
Build the MVP – This step involves defining, building, and deploying the MVP that tests the hypothesis and delivers the minimum amount of value to the customer.
Evaluate the MVP – This step involves measuring and analyzing the results of the MVP against the leading indicators and the hypothesis.
Implement additional Features – This step involves developing and delivering additional features or capabilities that enhance the value proposition of the initiative, based on the learning from the MVP.
WSJF determines work can stop – This step involves using the Weighted Shortest Job First (WSJF) prioritization method to determine whether the initiative has delivered enough value to the customer and the enterprise, or whether it needs more investment or termination3
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