Product Scope
Definition: Product scope refers to the product deliverables with their associated features and functions. It encompasses the requirements related to the product, service, or result of the project, answering the question, “What end result is needed?”
Example: For a project to build a new train terminal, the product scope is “a train terminal that meets these technical specifications.” These specifications are detailed and defined by subject matter experts. Success is measured by comparing the completed terminal to the requirements documentation and project scope statement, ensuring all aspects function as planned before handover to operations.
Project Scope
Definition: Project scope includes the work the project team performs to deliver the product scope, encompassing the product scope itself. It involves planning, coordination, and management activities to ensure the product scope is achieved, documented in the scope baseline and scope management plan.
Example: For the train terminal, the project scope includes the technical specifications of the terminal plus all management and delivery activities to build it. This ensures the terminal meets its requirements through effective planning and execution.
Iteration
Definition: In agile projects, an iteration is a fixed period during which the team refines plans or builds the product incrementally. Plans are iterated and refined as new information becomes available, and the product is developed in timeboxed iterations (or sprints in Scrum).
Context: Iterations allow teams to deliver small, functional increments of the product, adapting to changes and feedback during each cycle.
Timeboxing
Definition: A timebox is a short, fixed period set for a team to complete prioritized activities. In scope management, it refers to completing a specific set of stories during an iteration (e.g., a two-week sprint). Unfinished work is moved to the backlog for future iterations, prioritizing the timebox over task completion.
Example: In a two-week iteration, the team focuses on completing selected stories. If some remain incomplete, they are deferred to a later iteration, respecting the timebox.
Minimal Viable Product (MVP) / Minimal Marketable Feature (MMF)
Definition: An MVP is an increment of a product that is functional enough for potential customer use while development continues. Also known as a Minimal Marketable Feature (MMF), it can be accepted and used by the customer or held until further MVPs are completed for a full release.
Example: A customer could receive a basic skateboard (MVP) with the potential to be electric. They can use it as is, with the option to upgrade later with electrical components or add optional handles. This allows immediate value while additional features are developed.