MVP Roadmap & Feature Prioritization
MVP: VendorShield - Automated Vendor Risk Assessment Platform
Core Features: Vendor Discovery, Continuous Risk Monitoring, Risk Scoring, Automated Workflows, Reporting & Compliance, Vendor Collaboration Portal
Feature Prioritization Matrix
High Value, Low Effort
High Value, High Effort
Low Value, Low Effort
Low Value, High Effort
Vendor Discovery
Continuous Risk Monitoring
Reporting & Compliance
Vendor Collaboration Portal
Phased Development Plan
| Phase | Objective | Features | Timeline | Success Criteria |
|---|---|---|---|---|
| Phase 1: MVP | Develop core features | Vendor Discovery, Continuous Risk Monitoring, Risk Scoring | Weeks 1-8 | Functional MVP, 20 beta users |
| Phase 2: Expansion | Enhance features and expand scope | Automated Workflows, Reporting & Compliance, Vendor Collaboration Portal | Weeks 9-16 | 250 active users, $10K MRR |
| Phase 3: Scale | Scale user acquisition and revenue | Mobile app, team features, integrations | Weeks 17-24 | 1,000 active users, $50K MRR |
Feature Prioritization Framework
We use a scoring model to prioritize features based on user value, business value, and ease of build.
| Feature | User Value | Business Value | Ease of Build | Score |
|---|---|---|---|---|
| Vendor Discovery | 8 | 9 | 8 | 8.4 |
| Continuous Risk Monitoring | 9 | 10 | 7 | 8.8 |
| Risk Scoring | 8 | 9 | 8 | 8.4 |
Technical Implementation Strategy
We will use a microservices architecture with a React frontend, Node.js backend, and a PostgreSQL database.
We will also use third-party APIs for data collection and risk scoring.
Development Timeline & Milestones
Weeks 1-8: MVP Development
Weeks 9-16: Expansion
Weeks 17-24: Scale
Launch Strategy & Go-Live Plan
We will launch with a phased approach, starting with a beta launch for 20 users, followed by a public launch with a targeted marketing campaign.
Success Metrics by Phase
| Phase | Metrics | Targets |
|---|---|---|
| Phase 1: MVP | Functional MVP, beta users | 20 beta users |
| Phase 2: Expansion | Active users, revenue | 250 active users, $10K MRR |
| Phase 3: Scale | Active users, revenue | 1,000 active users, $50K MRR |
Post-MVP Roadmap Vision
We plan to continue to enhance our features and expand our user base, with a focus on scalability and revenue growth.