The definition I found, and it works for me is:<p>MVP is a tool to test an assumption:<p>Ask:<p>* What are you trying to learn with this particular MVP?<p>* What data are you collecting about your experiment?<p>* What determines success or failure of the experiment?<p>I am not sure you can figure out in advance what is your riskiest assumption (like to OP suggests), it&#x27;s more likely to be obvious in hindsight.