Making MVP develop: cost, time frame and best practices

MVP: Costs, Timeframes and Best Practices

You have a glowing idea for an app or a digital platform, but the budget is limited? Many founders and companies face the challenge of implementing innovative ideas quickly and cost-effectively without taking too high a financial risk. This is where the concept of minimum Viable Product (MVP) comes into play. A MVP is not only a buzzword from the startup world, but a strategic method to achieve the maximum learning effect with minimal effort and successfully establish a product on the market. In this post, we will highlight the MVP development costs, the typical time frame and the most important best practices so that your project is on track from the outset.

What is a MVP (Minimum Viable Product) exactly?

A minimum Viable Product is the first functional version of a product that is limited to the absolutely necessary core functions. The aim is to provide the product with real users as soon as possible to gain valuable feedback. Unlike a prototype, which is often only a visual simulation, a MVP is a real, usable product. However, it is not the finished end product with all conceivable features, but a split version that meets the central customer benefit. The benefits of this approach are obvious: you minimize development risk, save valuable resources and make sure you develop a product that the market really needs.

The key cost factors in MVP development

The cost of developing a MVP may vary greatly. To plan a realistic budget, it is important to understand the central cost drivers. The following table gives you an overview of the typical distribution of costs:

Cost factor	Share in budget	Typical margin
Development (Backend & Frontend)	50-60%	20,000 - 150,000 €
UI/UX Design	15-20%	5,000 - 30,000 €
Project management & design	10-15%	3,000 - 20,000 €
Quality Assurance & Testing	8-12%	2,500 - 15,000 €
Infrastructure & Deployment	5-8%	2,000 - 10,000 €

Pure programming is the largest part, but the importance of professional UI/UX design and careful project management should not be underestimated. An intuitive design is crucial for user acceptance, while good project management ensures that the project remains in the time and budget framework.

Concrete cost margins for your MVP

Depending on the complexity and functionality, MVPs can be divided into three categories that are associated with different costs.

Simple MVP

A simple MVP, such as a landing page for lead generation, a simple booking tool or a pure information platform, has a beg