Minimal Marketable Feature

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Minimal Marketable Feature (MMF) is a chunk of functionality that delivers a subset of the customer's requirements, and that is capable of returning value to the customer when released as an independent entity.

Definitions

According to the Agile Extension to the BABOK Guide (preview),

Minimal Marketable Feature (MMF). A chunk of functionality that delivers a subset of the customer's requirements, and that is capable of returning value to the customer when released as an independent entity.
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