PMI-ACP Practice Questions #100
An e-commerce startup is preparing to launch its Minimum Viable Product (MVP) for an online marketplace. The goal of the MVP is to validate the business idea, attract early adopters, and gather feedback for future iterations.
The Product Owner and the team must decide which set of features to include in the first release, ensuring the MVP provides core functionality while remaining lean and efficient.
Which set of features should be included in the MVP?
A. Multi-currency support, Wishlist feature, Social sharing, Product reviews
B. AI-based recommendations, Personalized offers, Loyalty program, Gift cards
C. Live chat support, Inventory tracking, Order analytics, Vendor dashboard
D. Product listing, Search functionality, Checkout process, Payment integration
Analysis
The question focuses on selecting the most essential features for a Minimum Viable Product (MVP) of an online marketplace. The goal of the MVP is to validate the business idea, attract early adopters, and gather feedback for future improvements.
For an MVP, the core functionality must enable users to browse products, search for items, complete purchases, and make payments. Features that are nice-to-have, such as AI recommendations, loyalty programs, multi-currency support, and analytics, can be introduced later once the core business model is validated.
The best option should include features that directly contribute to the primary marketplace functionality, ensuring that users can interact with the platform, make transactions, and provide meaningful feedback.
Analysis of Options
A: Multi-currency support, Wishlist feature, Social sharing, Product reviews.
This set of features includes value-added functionalities rather than core essentials. Multi-currency support is beneficial for global expansion but is not required for an MVP. Wishlists, social sharing, and product reviews enhance user engagement but are not necessary to test the fundamental e-commerce process. These features can be introduced in later iterations once the marketplace has established a functional transaction flow.
B: AI-based recommendations, Personalized offers, Loyalty program, Gift cards.
These features focus on customer retention and engagement, which are not the primary goal of an MVP. AI recommendations and personalized offers enhance user experience, but they do not provide core functionality. Loyalty programs and gift cards are valuable for customer retention but are not required for validating the initial business model. Since an MVP is about testing demand and transaction flow, these features can be postponed.
C: Live chat support, Inventory tracking, Order analytics, Vendor dashboard.
These features support business operations rather than providing core marketplace functionality. Live chat support is useful but not necessary for launching an MVP. Inventory tracking and analytics are backend optimizations that enhance efficiency but do not validate the business idea. A vendor dashboard is beneficial for managing sellers but is not essential for testing whether users will complete purchases on the platform.
D: Product listing, Search functionality, Checkout process, Payment integration.
This is the best choice because it includes the core marketplace functionalities needed for an MVP.
- Product listing allows sellers to display items for customers.
- Search functionality enables users to find relevant products.
- Checkout process ensures users can proceed with purchases.
- Payment integration enables successful transactions, which is a key validation point for the business model.
By including these features, the MVP can successfully validate user demand, ensure transactions work smoothly, and gather feedback on the overall shopping experience before expanding to additional features.
Conclusion
The best choice is Option D (Product listing, Search functionality, Checkout process, Payment integration) because it ensures that the MVP provides a functional, lean, and efficient e-commerce experience. These features allow the startup to test its business concept, attract early adopters, and gather meaningful feedback before expanding to additional enhancements. This approach aligns with Agile principles of incremental development and validated learning.
PMI – ACP Exam Content Outline Mapping
| Domain | Task |
| Product | Manage Value Delivery |
Topics Covered:
- Identifying essential features for a Minimum Viable Product (MVP).
- Ensuring core functionality aligns with business goals and user validation.
- Optimizing value increments to test and validate the marketplace concept.
- Prioritizing must-have features over enhancements and optimizations.
- Ensuring targeted results, such as transaction success and user adoption, are achieved.
- Gathering early feedback to inform future iterations and feature enhancements.
- Applying Agile principles of lean product development and validated learning.
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