Questions and Answers
What is the primary responsibility of a product manager in the context of product portfolio management?
Continuous selection and improvement of opportunities for new product development
Which of the following activities involves analysing the risks and uncertainties associated with all opportunities?
Product portfolio maximization
Which of the following is a common stakeholder interaction in product management?
Deciding the commencement of projects with clients
What is the main deliverable of a product manager in the context of product portfolio management?
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What does triage refer to in the context of product portfolio management?
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What is the primary purpose of implementing ROI models for new products in firms?
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What is the significance of product portfolio management in relation to 'Go Errors'?
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How does product portfolio management contribute to avoiding 'Drop Errors'?
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What is one of the benefits of innovation ROI maximization mentioned in the text?
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How does centralized planning benefit firms in product management?
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What is the primary goal of Product Portfolio Management?
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How does Portfolio Management for new products differ from traditional project management?
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In the context of Software Product Management, what happens in the Triage process?
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What is a core responsibility of a Product Manager in a software development company?
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How does the Product Manager contribute to maximizing the value of new product development ideas?
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What is the primary responsibility of a product manager in the engineering lifecycle?
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What is the purpose of Product Portfolio Management in the context of new product development?
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What is the role of a product manager in managing the product release and schedule?
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What is the definition of a pipeline in the context of product management?
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What is the primary responsibility of a product manager in triage?
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