Professional Documents
Culture Documents
● Customer Preferences
PROOF OF CONCEPT An effective proof of
● Customer Dislikes
concept proves the goal of a proposed
project is viable and will be successful. IV. 𝐓𝐡𝐞 𝟏𝟐 𝐑𝐬 𝐨𝐟 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐒𝐜𝐫𝐞𝐞𝐧𝐢𝐧g
The value of a POC is it can help a project
manager identify gaps in processes that
● Relevance to Vision, Mission, and
might interfere with success. That's not all
Objectives of the Entrepreneur
a proof of concept does. A POC elicits
● Resonance to Values
feedback from everyone involved in a ● Reinforcement of Entrepreneurial
project, including those who might not Interests
have otherwise contributed, thereby ● Revenues
mitigating unforeseen risk. The proof of ● Responsiveness to Customer Needs
concept is so valuable because it's a test and Wants
project to evaluate before work begins on ● Reach
an actual project. ● Range
A POC verifies that concepts and theories ● Revolutionary Impact
applied to a project will have a real-world ● Returns
application. POCs do not produce ● Relative Ease of Implementation
deliverables, as the core issue being ● Resource Required
considered is the feasibility of the project. ● Risk