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Quality and Functionality markers are used on releases and designs.

They directly relate to the confidence of quality or to warn users of work-in-progress projects.

Quality Status

Alpha The quality of the project is poor, incomplete and the industries is not confident in its regular use in production - nor its use as a judge of standard for the industries' work.
Beta The quality of the project is serviceable, and could be used regularly with minor issues. We are not confident for it to be used as a judge of the standard of our work.
Gold Master The quality of the project is good, and can be used in production. It may be missing documentation, or have components where the quality varies.
Release The quality of the project and/or codebase is as high as our abilities can provide.

Functionality Status

Nominal The core functionality does not work yet. Why would we even think this is worth releasing?
MVP The 'Minimum Viable Product' functionality has been achieved. This means the project can be used for its core purpose, though expanded features are not implemented yet.
Iterative The project has significant features beyond the MVP, but is not yet at the point where all desired functionality exists; active development.
Complete The project's functionality is complete to what is currently planned.