deciphering product management lingo

43
DECIPHERING PM LINGO WHAT DOES THE PM SAY?

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Post on 15-Jan-2015

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Want to learn about Product Management or just look smart at your interview for a new job in tech? Learn about the terms and acronyms used in technical product management. Ever want to understand the difference between Agile and Lean? User Testing and UAT? This deck covers that and soooo much more!

TRANSCRIPT

Page 1: Deciphering Product Management Lingo

DECIPHERINGPM LINGO

WHAT DOES THE PM SAY?

Page 2: Deciphering Product Management Lingo

WHO’S WHOProduct Manager (PM)

Program Manager (PM)

Project Manager (PM)

Product Owner (PO)

Business Analyst (BA)

Product Marketing Manager (PMM)

Page 3: Deciphering Product Management Lingo

Software development process which places the highest value on working software.

AGILE

Page 4: Deciphering Product Management Lingo
Page 5: Deciphering Product Management Lingo

Plan aheadDesign in advanceBuild once design is completeTest for bugsRelease to the public

WATERFALL

Page 6: Deciphering Product Management Lingo

Short (1-6 week) periods of development

SPRINT / ITERATION

Page 7: Deciphering Product Management Lingo

User Stories - have user value and acceptance criteria

Chores - no user value, but have to get done anyway

Bugs - issues with something that is already accepted

STORIES, CHORES, BUGS

Page 8: Deciphering Product Management Lingo

EFFORT vs. POINTSEstimation of time that will be invested

Estimation of relative complexity

Page 9: Deciphering Product Management Lingo

Regularly scheduled meeting (daily)where the team stands up and discusses current progress and blockers.

STANDUP

Page 10: Deciphering Product Management Lingo

RETROSPECTIVE

Page 11: Deciphering Product Management Lingo

Flavor of Agile with self organizing teams and a Scrum Master

SCRUM

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AGILE LEAN

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Strategy that guides product based on validating assumptionsandreducing risk.

LEAN

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“just worked like magic”

A Minimum Viable Product is the smallest thing you can build that allows you to validate a hypothesis

MVP

Page 15: Deciphering Product Management Lingo

CUSTOMER DEVELOPMENT

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VALIDATIONDecision

Decision

Decision

Decision

Plan next iteration

Development andTesting

DetermineObjective

Identify Risks

Process of checking if you’re going

in the right direction

Page 17: Deciphering Product Management Lingo

“just worked like magic”

Methodology for measuring metrics which will validate your hypothesis and identify opportunities for improvement

ANALYTICS

Page 18: Deciphering Product Management Lingo

Anything known about that can negatively impact the deliverables

RISK

Page 19: Deciphering Product Management Lingo

Getting on the same page about the next phase

KICKOFF / INCEPTION

Page 20: Deciphering Product Management Lingo

How a user gets from A → B → C → B …..

USER FLOW

Page 21: Deciphering Product Management Lingo

Either…

A list of prioritized features in this releaseOR…

A list of all upcoming releases for the next few years

RELEASE PLAN

Page 22: Deciphering Product Management Lingo

RELEASE CANDIDATE

Page 23: Deciphering Product Management Lingo

An outline of where the product is headed in the next few months (or years)

ROADMAP

Page 24: Deciphering Product Management Lingo

BETAThe not-entirely finished product

given to select users

Page 25: Deciphering Product Management Lingo

USER TESTING

Page 26: Deciphering Product Management Lingo

A/B TESTING

Page 27: Deciphering Product Management Lingo

Either…

The phases needed to launch a product and it’s later features

Or…

The phases a product will go through once it’s in the market

PRODUCT LIFECYCLE

Page 28: Deciphering Product Management Lingo

GOVERNANCE

A group of people at a company who

are entrusted to make sure projects

are in line with organization’s goals

Page 29: Deciphering Product Management Lingo

COMPLIANCE

Team the ensures products follows rules generated by government agency regulators

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ACRONYMS

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Costs Benefits

Time Future time savings / Stability

$$$ $$$

Public Perception Public Perception

Relationships (Customers, Investors) Relationships (Customers, Investors)

CB ANALYSIS

Page 32: Deciphering Product Management Lingo

CHANGEREQUEST

Process to note or request an update to the existing specification

CR

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KEY PERFORMANCE INDICATORS

The metrics established that will validate assumptions

KPIs

Page 34: Deciphering Product Management Lingo

MARKETREQUIREMENTS DOCUMENT

Includes justification and vision for a product and signoff to develop it for a market

MRD…

Page 35: Deciphering Product Management Lingo

PRODUCT REQUIREMENTS DOCUMENT

Includes every detail needed to build a product

PRD

Page 36: Deciphering Product Management Lingo

RESPONSIBILITY ASSIGNMENT MATRIX

Chart to clarify who is responsible for what on a cross-functional team for compliance

RACI

Page 37: Deciphering Product Management Lingo

REQUESTFOR PROPOSAL

Clients call for consultants to propose what they could do to help

RFP

Page 38: Deciphering Product Management Lingo

SWOT ANALYSIS

Page 39: Deciphering Product Management Lingo

QUALITY ASSURANCE

Team which makes sure things aren’t broken

QA

Page 40: Deciphering Product Management Lingo

USER INTERFACE

The elementswhich the users willsee, touch, or hear

UI PatternsFlat UI

UI

Page 41: Deciphering Product Management Lingo

USER EXPERIENCE

Continuous concern for how the user will feel while interacting with the product

UX

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UATUSER ACCEPTANCE TESTING

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QUESTIONS?