Solution Validation

Unit code: AEN2002 | Study level: Undergraduate
12
(One credit point is usually equivalent to one hour of study per week)
Footscray Park
Online Real Time
VU Sydney
N/A
Overview
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Overview

In this unit, students will learn how to take their solution beyond a hypothetical . This unit develops the underpinning knowledge and understanding of how Minimum Viable Products (MVP) are used to establish viability through the experiment-driven process of validation.
Students develop research, computational thinking and analytical skills in the assessment, evaluation and analysis of market information that can determine a success or failure of a project. The unit contributes to the development of sought-after entrepreneurial capabilities, which may be applied in any work context including in local or global start-ups or in organisations seeking to drive business in a competitive globalised economy.

The units aims to strengthen students’ capability and skills in ‘sense-making’ and decision-making and raise their awareness about the complexity that can arise in business when individual interests conflict with public good.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Collaboratively design, test and modify a MVP (Minimum Viable Product) through at least two iterations;
  2. Evaluate a startup value proposition using ‘validation’ processes;
  3. Justify evidence-based decision-making to manage business risks and consequences; and
  4. Argue the potential of the startup value proposition in a pitch-style presentation.

Assessment

For Melbourne campuses

Assessment type: Portfolio
|
Grade: 15%
Portfolio Item 1: Steps to Minimum Viable Product (MVP).
Assessment type: Portfolio
|
Grade: 30%
Portfolio documenting the development of the Minimum Viable Product (MVP) (2 parts).
Assessment type: Journal
|
Grade: 30%
Praxis reflective journal (3 parts).
Assessment type: Presentation
|
Grade: 25%
Pitch-style, group presentation arguing the potential of the startup value proposition to make a positive impact in a sustainable fashion.

Required reading

Running Lean: Iterate from Plan a to a Plan that Works
Ash Maurya, 2012| O'Rielly Media, Inc, also used in AEN2001

As part of a course

This unit is studied as part of the following course(s):

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