Various industries use proofs of concept in their development process because they mitigate project risk and give decision makers valuable insight into the benefits of a project. Proving viability at an early stage in the project life cycle can put everyone at ease during project execution. This is a way for you to prove that your idea will work in the real world so stakeholders and investors feel comfortable moving forward with the project. What is a proof of concept (POC)?Ī proof of concept (POC) demonstrates the feasibility of a proposed product, method, or idea. In this piece, we’ll explain how to write a POC and why this presentation is a beneficial part of both project and product development. A POC can prove to clients or product teams why an idea makes sense in the real world. When buying a car, you make sure the engine runs before handing over your money, right? If you take time to test ideas and decisions before committing to them, you’ll make better choices and have fewer regrets.Ī proof of concept (POC) is the feasibility study you perform before committing to a project or idea. In this piece, we’ll explain how to write a POC and why this presentation is a beneficial part of product development.īefore you spend time, money, and energy on a project, it makes sense to research whether your idea is worthwhile. You must prove why your idea will work in the real world, so stakeholders and investors feel comfortable moving forward with the project. A proof of concept (POC) demonstrates the feasibility of a proposed product, method, or idea.
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