Podcast
Questions and Answers
What is the primary responsibility of a product manager in the context of product portfolio management?
What is the primary responsibility of a product manager in the context of product portfolio management?
- Analysing whether available resources will be sufficient for projects in the pipeline
- Undertaking proper management of all activities involved in new product development projects
- Identification and continuous monitoring of product value
- Continuous selection and improvement of opportunities for new product development (correct)
Which of the following activities involves analysing the risks and uncertainties associated with all opportunities?
Which of the following activities involves analysing the risks and uncertainties associated with all opportunities?
- Pipeline management
- Product portfolio maximization (correct)
- Project management
- Product value identification
Which of the following is a common stakeholder interaction in product management?
Which of the following is a common stakeholder interaction in product management?
- Continuous monitoring of activities and resourceful planning
- Scenario analysis like what-if analysis
- Meeting targets and schedules
- Deciding the commencement of projects with clients (correct)
What is the main deliverable of a product manager in the context of product portfolio management?
What is the main deliverable of a product manager in the context of product portfolio management?
What does triage refer to in the context of product portfolio management?
What does triage refer to in the context of product portfolio management?
What is the primary purpose of implementing ROI models for new products in firms?
What is the primary purpose of implementing ROI models for new products in firms?
What is the significance of product portfolio management in relation to 'Go Errors'?
What is the significance of product portfolio management in relation to 'Go Errors'?
How does product portfolio management contribute to avoiding 'Drop Errors'?
How does product portfolio management contribute to avoiding 'Drop Errors'?
What is one of the benefits of innovation ROI maximization mentioned in the text?
What is one of the benefits of innovation ROI maximization mentioned in the text?
How does centralized planning benefit firms in product management?
How does centralized planning benefit firms in product management?
What is the primary goal of Product Portfolio Management?
What is the primary goal of Product Portfolio Management?
How does Portfolio Management for new products differ from traditional project management?
How does Portfolio Management for new products differ from traditional project management?
In the context of Software Product Management, what happens in the Triage process?
In the context of Software Product Management, what happens in the Triage process?
What is a core responsibility of a Product Manager in a software development company?
What is a core responsibility of a Product Manager in a software development company?
How does the Product Manager contribute to maximizing the value of new product development ideas?
How does the Product Manager contribute to maximizing the value of new product development ideas?
What is the primary responsibility of a product manager in the engineering lifecycle?
What is the primary responsibility of a product manager in the engineering lifecycle?
What is the purpose of Product Portfolio Management in the context of new product development?
What is the purpose of Product Portfolio Management in the context of new product development?
What is the role of a product manager in managing the product release and schedule?
What is the role of a product manager in managing the product release and schedule?
What is the definition of a pipeline in the context of product management?
What is the definition of a pipeline in the context of product management?
What is the primary responsibility of a product manager in triage?
What is the primary responsibility of a product manager in triage?