What is Product life cycle?
Product Life Cycle (PLC) is the various stages a product goes through when introduced into the market until its retirement. It encompasses the analysis of the whole lifespan of the product. PLC helps companies track the product’s health and make an informed strategic decision on how to price, promote, expand, and reduce its cost. Based on the product’s…
Before we dig into some of the tools available in the market for product management , it is important to understand why do we need a product management tool and how is product management different from project management.
What is the difference between Product Management and Project Management?
Product Management involves focusing on the overall product success and making strategic decisions…
A Product Owner is responsible for maximizing the product’s value by prioritizing the requirements that provide maximum value and are an integral part of product development. They have several key roles and responsibilities right from product discovery through product development until maintenance. A Product Owner’s primary role is to act as a liaison between stakeholders and team…
For a successful release of new product or new feature a proper strategy and preparation work is required . Product Managers need to clearly define the checklist in order to deliver on their product vision. It is important that the product managers align the cross functional teams and make sure that all aspects for product release is covered
TheLAST10% it takes to launch something…