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| Phase | Objective | Key Activities | Metrics |
|---|---|---|---|
| Concept Development | Define Product Vision | Market Research, User Interviews | Stakeholder Feedback |
| Design | Create Prototypes | Wireframing, User Testing | Prototype Validation Rate |
| Development | Build Minimum Viable Product (MVP) | Agile Sprints, Code Reviews | Development Velocity |
| Testing | Ensure Quality Assurance | Automated Testing, Bug Fixing | Bug Count, Test Coverage |
| Launch | Release to Market | Marketing Campaign, User Onboarding | User Acquisition Rate |
| Post-Launch | Gather Feedback | User Surveys, Analytics Monitoring | Customer Satisfaction Score |