Viability Risk
The risk that the product will not be financially or strategically sustainable for the business, potentially leading to a lack of support or profitability.
64 topics found for
“decision reinforcement”
Vanity Metrics
Metrics that may look impressive but do not provide meaningful insights into the success or performance of a product or business, such as total page views or social media likes.
Three-Legged Stool
A metaphor for a balanced approach to product development, considering three core aspects: business viability, technical feasibility, and user desirability.
Anecdotal Fallacy
A logical fallacy where anecdotal evidence is used to make a broad generalization.
Illusory Truth Effect
A cognitive bias where repeated statements are more likely to be perceived as true, regardless of their actual accuracy.
Grounded Theory
A research method that involves forming a theory based on data systematically gathered and analyzed.
Berkson’s Paradox
A statistical phenomenon where two independent events appear to be correlated due to a selection bias.
Behavioral Product Critique
The evaluation of products based on their ability to influence and shape user behavior.
PoC
Proof of Concept (PoC) is a demonstration, usually in the form of a prototype or pilot project, to verify that a concept or theory has practical potential.