Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

Product Management > General PM > Flashcards

General PM Flashcards

(62 cards)

Start Studying
1
Q

What is the primary responsibility of a product manager (PM)?

A

Identifying and framing the problem clearly and completely

The PM’s role includes understanding user and business needs, defining success metrics, and proposing solutions.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the PM’s main responsibilities?

A
  • Identifying and framing the problem
  • Understanding the user and business needs
  • Defining success metrics and constraints
  • Proposing a direction or hypothesis for the solution
  • Prioritizing problems to solve
  • Communicating the ‘why’ behind the initiative
  • Collaborating with engineering, design, and other teams
  • Validating that the delivered solution solves the problem effectively

These responsibilities highlight the strategic role of a PM in product development.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What does a Product Manager not do?

A
  • Directly code or build the solution
  • Design the interface/UI
  • Micromanage the ‘how’ of implementation

The PM focuses on the ‘what’ and ‘why’ while others handle the ‘how’.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Define the role of a Product Manager in simple terms.

A

The PM is the ‘CEO’ of a product, guiding it from idea to market to growth without direct authority over every team.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What are the key components of a Product Manager’s role?

A
  • Defines the Vision & Strategy
  • Gathers & Prioritizes Requirements
  • Aligns & Communicates Across Teams
  • Drives Execution & Delivery
  • Measures Success & Iterates
  • Owns the Full Lifecycle

These components encompass the comprehensive role of a PM in product management.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

True or False: A Product Manager is responsible for directly coding the product.

A

False

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What does ‘Customer-Centered’ mean in the context of a Product Manager’s responsibilities?

A

PMs ensure every feature delivers real value, not just shiny ‘bells and whistles.’

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

List some core skills needed for a Product Manager.

A
  • Communication & Leadership
  • Strategic Thinking & Vision
  • Data-Driven Decision-Making
  • Execution & Delivery
  • User-Centered Design & Customer Empathy

These skills are essential for effective product management.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Fill in the blank: A Product Manager uses _______ to derive insights from data.

A

[data analysis & interpretation]

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is the significance of A/B testing for a Product Manager?

A

Running experiments to validate assumptions and measure impact.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is meant by ‘MVP development’ in product management?

A

Defining minimum viable products and iterating based on feedback.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What does ‘Problem framing’ refer to in user-centered design?

A

Defining and validating real customer problems before building solutions.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What framework should be followed for crafting discussion topics according to the text?

A

A robust discussion framework begins by grounding questions in the text and progressively moves through higher-order thinking levels.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What are the phases of the Socratic Seminar structure?

A
  • Opening questions
  • Guiding questions
  • Closing questions

This structure helps facilitate engaging and productive discussions.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What is one key learning from building MVPs quickly?

A

Using familiar tools

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What does stakeholder-driven iteration cycles emphasize?

A

Incorporating feedback from stakeholders

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

What is a crucial balance to maintain when designing internal tools?

A

User experience and operational constraints

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What is the value of designing internal tools with?

A

Product thinking

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

What is a suggested tool for building a PM portfolio?

A

Notion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

What is one core activity involved in project management?

A

Initiating

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

What is the purpose of the ‘Monitoring & Controlling’ phase in project management?

A

Tracking progress against goals

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Fill in the blank: A PM portfolio showcases your ability to handle _______.

A

[strategy, design thinking, technical fluency, and stakeholder alignment]

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

True or False: A PM portfolio is strictly required for most roles.

A

False

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

What is a key responsibility when executing a project?

A

Assigning tasks and coordinating team members

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
What does the 'Closing' phase in project management involve?
Delivering final outputs or results
26
What should be included in the 'Context' section of a PM portfolio?
Problem being addressed and its importance
27
What is the importance of the 'Problem Statement' in a case study?
It proves you can focus and prioritize
28
What should be highlighted in the 'Learnings / Reflections' section of a case study?
What you learned about users and prioritization
29
What is an example of a potential next step for refining a tool?
[Future Improvements]
30
What is the goal of the 'Execution Approach' in a case study?
Show product thinking and implementation plan
31
What are the key responsibilities of a Product Manager?
Define product vision, roadmap, and strategy Work with users, engineers, and stakeholders to define what to build Create product roadmaps, prioritize features Collaborate with teams to design, build, and iterate on the product Align cross-functional stakeholders on product direction Define and track KPIs, customer feedback, and business value ## Footnote Responsibilities include managing vision, execution, and stakeholder communication.
32
What is the primary goal of a Project Manager?
Deliver the project on time, within scope, and budget ## Footnote Focus is on execution and aligning resources.
33
What does the STAR Method stand for?
Situation, Task, Action, Result ## Footnote A technique used to structure responses in resumes and interviews.
34
What is a valid way to gain project management experience without a formal title?
Taking initiative, leading a team, driving results through structured planning, managing resources and deadlines ## Footnote Experience can be claimed through various roles and responsibilities.
35
What are some tools used by Product Managers for planning?
* Productboard * Aha! * Roadmunk ## Footnote These tools help in creating product strategies and roadmaps.
36
What are some key differences between Product Managers and Project Managers in terms of focus?
Product Managers focus on strategy, vision, and product-market fit Project Managers focus on execution, timeline, and resource alignment ## Footnote Their success metrics also differ significantly.
37
Fill in the blank: A Product Manager's success metric is _______.
Product adoption, customer satisfaction, revenue impact ## Footnote This contrasts with project delivery metrics.
38
What are some suggested ways to build a product portfolio?
* Product case studies * User journey maps * Wireframes or mockups * KPIs tracked * Roadmaps or release plans ## Footnote A portfolio can showcase your work, even without a formal PM title.
39
True or False: A Project Manager often talks to customers.
False ## Footnote Customer interaction is not a primary focus for Project Managers.
40
What is a recommended action if you have a technical or operations background and want to transition to Product Management?
Build a personal product with a clear backlog ## Footnote This helps demonstrate relevant skills and experience.
41
What are some of the required skills for a Project Manager?
* Timeline/Schedule Management * Conflict Resolution * Communication * Risk Management * Budgeting ## Footnote Skills vary in importance between PM and PjM roles.
42
Which role focuses more on customer-centric thinking?
Product Manager ## Footnote This role prioritizes understanding and solving customer problems.
43
What is one way to gain relevant Product Management experience through community involvement?
Contribute to Open Source or Community Projects ## Footnote Involvement can include roadmap planning and user testing.
44
What are the primary tools used by Project Managers for task management?
* Asana * ClickUp * Wrike ## Footnote These tools help in managing project tasks and timelines.
45
What is the end result delivered by a Product Manager?
A product that solves real customer problems and drives business growth ## Footnote This highlights the value of the PM role in the organization.
46
What is the difference in mindset between a Product Manager and a Project Manager?
Product Managers are customer-centric and innovation-focused Project Managers are process-oriented and detail-oriented ## Footnote Their thinking styles influence how they approach their roles.
47
What is a common method for translating existing experience into PM language?
Reframe responsibilities in terms of product management outcomes, such as defining workflows or identifying user pain points ## Footnote This helps to relate past experiences to potential PM roles.
48
What is a recommended way to document a product development process?
Document user research, competitive analysis, MVP decisions, backlog, roadmap ## Footnote This is crucial for interviews and building a portfolio.
49
Fill in the blank: A Project Manager's primary focus is on _______.
Execution, timeline, resource alignment ## Footnote This contrasts with the focus of a Product Manager.
50
What is a common characteristic of Product Managers regarding innovation?
They are innovation-focused ## Footnote This trait is essential for creating products that meet market needs.
51
True or False: Both Product Managers and Project Managers use Agile/Scrum knowledge.
True ## Footnote Both roles benefit from understanding Agile methodologies.
52
What are some effective strategies for gaining product management experience?
* Start with an internal transition * Build something yourself * Freelance, intern, or volunteer as a PM * Take PM-specific courses * Translate existing experience into PM language * Build a product portfolio ## Footnote These strategies help in gaining practical experience.
53
The primary responsibility of a Product Manager is to define ....., ensuring alignment with user needs and business goals.
what to build and why
54
Great PMs exhibit ...
:customer-centricity, outcome focus, and influence without authority
55
A PM .... and communicates it to align cross-functional teams.
owns the product vision
56
The most critical PM skill is ..., because PMs must align diverse teams with clarity.
Communication
57
58
Why must PMs communicate well even if they don’t manage engineers directly?
Because PMs lead by influence, not authority. Misalignment in understanding can derail entire initiatives.
59
How does customer obsession influence product decisions?
It ensures that product features solve real problems and prevent wasted effort on unnecessary “bells and whistles.”
60
61
62
PMs focus on ... , while project managers focus on ....
value and outcomes, deadlines and outputs

Product Management (2 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions