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.

Unit details

Location:
Study level:
Undergraduate
Credit points:
12
Unit code:
AEN2002

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

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

Required reading

Running Lean: Iterate from Plan a to a Plan that Works 2nd
Ash Maurya, 2012
O'Rielly Media, Inc, also used in AEN2001

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