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Quiz
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Which 3 primary sections (categories) can the Product Manager's tasks usually be divided into?
More often than not (even in a startup) the responsibility for Marketing and the responsibility for the Product is split into departments. Although it can be useful for the Product Manager to understand the marketing aspect of business, we don't teach this subject as a primary skill (there would be an exception if you were training for the position of a Product Marketing Manager, which is on the crossroad between the Product and Marketing aspects of business).
While it's great for the PM to have an understanding of every aspect of a digital business (at least the basics), the key sections that a PM has to know are often identified as "Product building - Monetization - Processes".
Yes, exactly right.
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To which section can we attribute "Basic technical skills"?
Yes, technical skills are useful, but they are not an absolute necessity for a Product Manager. So if you don't have a technical background, then this should come as good news to you :)
We will discuss building a mutual understanding with the development team in the subsequent lessons.
When Building a product, we use the PM's Hard Skills (prioritization, analytics, etc.), but we can consider development skills supplementary.
This is rather just one of the Product Manager's skills rather than a separate section.
Processes are more about organizing a team, as opposed to using Hard Skills.
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What is the product manager at the company usually responsible for, at the highest level?
This metric is most often affected by the Marketing team.
This is indeed one of the PM's metrics, but not the highest level. In the following lectures, we will examine the methods for choosing metrics for your product in more detail.
That's right! Typically, a Product Manager is considered the team's primary business player, so the most common top-level commitment is made to the company's revenue / profit (which is accomplished by deciding what should be implemented in the product).
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Inquisitor
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Knowledgeable
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