Interview Flashcards
What is the primary role of a product manager?
To define the vision and strategy for a product and ensure its successful development and launch.
True or False: A product manager is responsible for the technical development of a product.
False
Which of the following is NOT a key responsibility of a product manager? (a) Market research (b) Sales (c) Product roadmap planning (d) User feedback analysis
b
Fill in the blank: A product manager must balance the needs of _____, _____, and _____ to create a successful product.
customers, stakeholders, and the development team
What is a product roadmap?
A visual representation of the product strategy and the timeline for product development and releases.
Name one common framework used in product management for prioritizing features.
RICE (Reach, Impact, Confidence, Effort)
What is a Minimum Viable Product (MVP)?
A product with just enough features to satisfy early adopters and gather feedback for future development.
True or False: Product managers need to have a deep technical background.
False
Which skill is crucial for a product manager during stakeholder meetings?
Communication skills
What does the acronym ‘KPIs’ stand for?
Key Performance Indicators
Short answer: Why is user feedback important in product management?
It helps to understand customer needs and improve the product accordingly.
What is the purpose of a competitive analysis?
To understand the strengths and weaknesses of competitors and identify opportunities for differentiation.
Fill in the blank: A product manager’s success is often measured by the product’s _____ in the market.
performance
Which of the following is a common tool used for project management in product development? (a) Excel (b) JIRA (c) Photoshop (d) PowerPoint
b
True or False: Product managers are solely responsible for the marketing of a product.
False
What does ‘agile methodology’ refer to in product management?
A flexible approach to product development that promotes iterative progress through small, incremental changes.
Short answer: What is the significance of a product’s value proposition?
It defines the unique benefits that a product offers to customers.
What is the difference between a feature and a benefit?
A feature is a specific attribute of a product, while a benefit explains how that feature solves a problem or adds value for the user.
Fill in the blank: In product management, _____ involves gathering and analyzing data to inform decisions.
analytics
What is a user persona?
A fictional representation of a target user, based on research and data, to guide product development.
True or False: A product manager should have a clear understanding of the target market.
True
What is the role of a product backlog?
To prioritize and manage the list of tasks and features to be developed in a product.
Name one common interview question for product manager candidates.
How do you prioritize features in a product roadmap?
What is the objective of conducting A/B testing?
To compare two versions of a product to determine which one performs better.
Fill in the blank: The _____ is the person responsible for delivering a product that meets market needs and business goals.
product manager