Stakeholders are anyone who has a vested interest in the project. They can be internal, such as project managers, teams, owners or investors, or external, such as clients, customers or suppliers. There can be a lot of stakeholders in any…
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Ideas are essential to product development, but they’re intangible. Turning an idea into a product requires many steps. One of the first is to create a product prototype. If you want to know what product prototyping is, you’ve come to…
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Manufacturing requires an understanding of production, its phases and when you need to assemble the product you’re building. Mapping this out with a production flow chart ensures a more seamless process. What is a production flow chart? We’ll get to…
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When you’re making a product, how do you ensure that all the desired capabilities are included in the final deliverable? That’s why a project requirements document (PRD) is so important. It communicates this information to everyone on the product team….
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What are you going to put on your product roadmap? It’s not an easy question. Which product gets the green light? What features need priority? The RICE framework provides a scoring model for product managers when prioritizing roadmaps. RICE is…
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Products have a lifespan just like everything else. After they’re born, they develop, mature and eventually die. That journey is called product lifecycle management. Like any aspect of creating a product, it involves many processes. Product lifecycle management is the…
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Product development is part of the product management process, which covers the product life cycle from start to end. The product launch is a particularly important stage in this cycle as it can determine the success or failure of a…
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The expression “product manager vs. project manager” is commonly seen online, but what is the true difference between the two? Both roles are responsible for managing either the product or project lifecycle, two separate but similar processes that require leadership…
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Projects are designed to deliver a product or a service within a specific timeframe and budget, a process that the project manager oversees. If that person is a product manager, he or she may apply a product breakdown structure (PBS)….
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Whether you’re interested in hiring a product manager or becoming one yourself, it’s important to take the time to understand both the role and the field of product management. A product manager plays an integral role in the development of…
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Agile is a very useful project management methodology when used right. Unfortunately, if the whole team is not familiar with it, things can become inefficient. To avoid that, all agile team members must know what a product backlog and sprint…
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The idea of user story mapping can be traced back to Jeff Patton. He literally wrote the book about it, It’s All in How You Slice It, which came out in 2005. Patton is a consultant who does story mapping…
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A product roadmap will guide you through the product management process, which is notoriously known as a detail-oriented discipline. Getting into the weeds is part of the product manager job description, but one should never get lost there. Product managers…
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