PM Buckets

Question 1

What are the three common buckets for categorizing product management tasks?

Answer 1

Strategy, Execution, and Customer & Business Outcomes.

Question 2

Which product management bucket involves defining product vision and long-term goals?

Answer 2

Strategy.

Question 3

What kind of tasks fall under the Strategy bucket?

Answer 3

Defining vision and goals; Creating/updating roadmap; Market and competitive analysis; Identifying customer needs and opportunities; Stakeholder alignment.

Question 4

What is the focus of the Execution bucket in product management?

Answer 4

Day-to-day work to build and ship the product.

Question 5

What tasks are typically part of the Execution bucket?

Answer 5

Writing product requirements and user stories; Sprint planning and backlog grooming; Working with design, engineering, QA; Managing timelines and releases; Testing and feedback loops.

Question 6

What is the focus of the Customer & Business Outcomes bucket?

Answer 6

Ensuring the product delivers value and improves key metrics.

Question 7

What tasks are in the Customer & Business Outcomes bucket?

Answer 7

Defining/measuring KPIs; A/B testing and usage analysis; Customer feedback synthesis; Post-launch iteration; Performance reporting.