Value Risk
The risk that the product being developed will not deliver sufficient value to the users, meaning it won't meet their needs or solve their problems.
23 topics found for
“value assessment”
Instrumental Value
The worth of something based on its ability to help achieve a desired end or goal.
Design Maturity
The level of sophistication and integration of design practices within an organization's processes and culture.
Cost-Benefit
An analysis comparing the costs and benefits of a decision or project to determine its feasibility and value.
LTV
Lifetime Value (LTV) is a metric that estimates the total revenue a business can expect from a single customer account throughout their relationship.
Three-Sigma Rule
A statistical rule stating that nearly all values in a normal distribution (99.7%) lie within three standard deviations (sigma) of the mean.
Innovation Theatre
Activities that give the appearance of innovation but do not produce tangible results.
Feature Audit
A systematic evaluation of all features in a product to determine their usage, effectiveness, and alignment with business goals.
User Testing
The process of evaluating a product by testing it with real users to gather feedback and identify usability issues.