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Questions and Answers
Which of the following is NOT a form of product management?
Which of the following is NOT a form of product management?
- Program management within a product life cycle
- Product management within a program
- Marketing management within a product life cycle (correct)
- Project management within a product life cycle
What are some competencies included in product management?
What are some competencies included in product management?
- Financial analysis, human resources management, and supply chain optimization
- Competitive analysis, customer acquisition, and customer advocacy (correct)
- Legal compliance, risk management, and quality assurance
- Social media management, event planning, and graphic design
How does product management fit into program and project management disciplines?
How does product management fit into program and project management disciplines?
- It is a subset of project management
- It is a subset of program management
- It is a separate discipline that does not interact with them
- It represents a key integration point within them (correct)
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Study Notes
- Product management can exist in different forms.
- It can be program management within a product life cycle.
- It can be project management within a product life cycle.
- It can be product management within a program.
- Subsidiary programs or projects can be chartered to achieve specific benefits for a product.
- Product management includes competencies like competitive analysis, customer acquisition, and customer advocacy.
- Product management is a separate discipline with its own body of knowledge.
- It represents a key integration point within program management and project management disciplines.
- Programs and projects with deliverables that include products use a tailored and integrated approach.
- The approach incorporates all relevant bodies of knowledge and related practices, methods, and artifacts.
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