Lesson 1 - Role as a PM Flashcards
Continuous innovation
Is primarily what…
- Desirability
- Viability
- Feasibility
- Sustainability
Continuous innovation is Sustainability
Which dimension of Product Management stakeholders is, strategic themes?
- Meet Business Goals
- Get it off the shelf
- Get it built
- Leverage support
Meet Business Goals
Solution Management _________ multiple trains within a Solution Train.
leads
coordinates
divides
decentralizes
Solution Management coordinates multiple trains within a Solution Train.
Segmenting the market
Is primarily what…
- Desirability
- Viability
- Feasibility
- Sustainability
Segmenting the market is Desirability.
Communicating vision
Is primarily what…
- Desirability
- Viability
- Feasibility
- Sustainability
Communicating vision is Feasibility
True or False
OKRs are measurements inside of an existing framework.
False
OKR is a strategic framework.
KPIs are measurements that exist within a framework.
True or False
When looking at Geoffrey Moore’s cross the chasm or the S-Curve, time is explicitly absent from these curves
True
A solution may take a long time to move through the curves and depending on what you build you may extend the profitibility model over time as well.
Is Design Thinking an iterative or incremental Solution development process?
Iterative
Over and over and over again. Understand the problem and design the right solution. Rinse, repeat.
The key job of a Product Manager in the context of multiple Product Owners is:
- Alignment of the group.
- Roadmap aggregation.
- Delivery sequencing.
- Milestone predictibility.
Alignment of the group.
The _____ Curve is a predictible chart growth pattern that innovations follow.
S
Z
L
U
S-Curve…
As if the L even remotely looks curved and what is with the Z, how would that work on a time graph?
Which dimension of Product Management stakeholders is, finance?
- Meet Business Goals
- Get it off the shelf
- Get it built
- Leverage support
Leverage support
Which dimension of Product Management stakeholders is, marketing?
- Meet Business Goals
- Get it off the shelf
- Get it built
- Leverage support
Get it off the shelf
Which dimension of Product Management stakeholders is, legal?
- Meet Business Goals
- Get it off the shelf
- Get it built
- Leverage support
Leverage support
What are the 4 dimensions of Product Management stakeholders?
- Leverage support
- Get it off the shelf
- Operations impacts
- Meet business goals
- Roadmap predictibility
- Get it built
4 Dimensions of Product Management Stakeholders are:
- Meet Business Goals
- Get it off the shelf
- Get it built
- Leverage support
Internal or External Customer?
Purchasing Customer in a supply chain.
Internal
The way we build
Is primarily what…
- Desirability
- Viability
- Feasibility
- Sustainability
The way we build want is Viability.
More value than cost
Is primarily what…
- Desirability
- Viability
- Feasibility
- Sustainability
More value than cost is Viability.
Design Thinking: Design the right solution.
Divergence or Convergence
Developing the solution is a form of __________.
Developing the solution is a form of divergence.
Future health
Is primarily what…
- Desirability
- Viability
- Feasibility
- Sustainability
Future health is Sustainability
Which dimension of Product Management stakeholders is, distribution channels?
- Meet Business Goals
- Get it off the shelf
- Get it built
- Leverage support
Get it off the shelf
Licensing
Is primarily what…
- Desirability
- Viability
- Feasibility
- Sustainability
Licensing is Viability.
Design Thinking: Understand the problem.
Divergence or Convergence
Discovering the problem is a form of __________.
Discovering the problem is a form of divergence.
Proactively managing the solution…
Is primarily what…
- Desirability
- Viability
- Feasibility
- Sustainability
Proactively managing the solution is Sustainability
Design Thinking: Understand the problem.
Divergence or Convergence
Defining the problem is a form of __________.
Defining the problem is a form of convergence.