Product Management Quiz

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Questions and Answers

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?

  • 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?

  • 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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