Product Management: Role of PM Flashcards
4 Questions Product managers have to answer
What are we building?
- what product should do
- Do people WANT it?
- Does it create value?
Who are we building it for?
- WHO is the user
- What are their needs
Why are we building this?
- What is the Impact (user value & business objectives)
- Why THIS solution?
When are we building this?
-Roadmap
The goal of product management
To bring a product to market
Core skills of product manager
Strategy Communication Coordination Agility Problem-solving
Why is Product management important?
Easy to build a product that fails, much harder to successfully bring a product to market
There’s an infinite number of problems that could be solved. Product Managers identify and define problems for the team to solve while making sure that:
- the problem is real
- the users are real
- the solution provides value
PRD
Product Requirements Doc. A document written by a product manager that describes why a product should be built and what the product should do, as well as how to measure success of the product.
Roadmap
A document that describes when specific products and features will be built.
PgM
Program Manager. A person who helps a variety of teams (engineering, design, ops, etc) execute against the product roadmap. A program manager keeps the team productive and on track, as well as flags risks.
TPM
Technical Program Manager. A more technical program manager, who works closely with engineering teams to execute against the product roadmap. A TPM is more involved in the technical details of software development.
QA
Quality Assurance. A team that creates test plans and tests your product to identify and prevent bugs and issues from entering production and affecting users.
PR
Public Relations. A team that helps you tell the story about your product with the public and media.
i18n
Internationalization. A team and/or process that helps you bring your product to new markets around the globe.
PM’s positioning
at the center of Design, Business, and Technology
Design: Understandes user needs, and motivations. Acts as a user advocate
Business: understandes business goals, Alignes product to meet those goals
Technology: Understand how to biuld product, its complexity, risks and tradeoffs
Role of PM
Idea to Launch
Drive teams to alignment
Identify and Define problems
Prioritize what the team is focusing on
Spokesperson for product
Secure buy-in
Coordinate
How does Company Size influence PM’s role?
Small:
- broader focus
- less support
- less process
Big
- in Depth focus
- More support
- More process
How does product philosophy impact the role of the PM
Product Driven
- PMS write requirements
- Eng builds based on requirements
- Pros: Customer-centric approach, build what customer wants
- Cons: Lack of empathy from non-customer facing teams
Engineering Driven
- Eng builds things
- PM brings them to market
- Pros: Promotes technical innovation, Sometimes users don’t always know what they want
- Cons: Increases possibility that product won’t resonate with the customer
Hybrid driven
- PM’s write requirements but include eng in identifying requirements
- Eng builds based on requirements, but pm is included in Eng design