Which of the following is an important benefit of demonstrating proof of concept (POC) with a prototype?
A) Requisite technologies to create the final product can be developed early when technology resources are not in demand.
B) Changes in the prototype can be made early in the process when changes are less costly.
C) The prototype is an asset that can be used as collateral when securing financing for a loan.
D) It will indicate how much room there is for error between the cost to produce a product or deliver a service and the selling price.
E) Creating a prototype establishes an implicit patent on your product.

Question

Quizplus · Accepted Answer

Demonstrating a proof of concept (POC) with a prototype allows for early identification and implementation of changes, which is generally less costly than making changes later in the development process. This is because early in the development process, less time and resources have been invested, making it easier and cheaper to adjust the design or functionality of the product.

Which of the Following Is an Important Benefit of Demonstrating