Month: September 2020

Forecasting for Projects within your Portfolio

It goes without saying that the successful plans are those that are coming from accurate forecasting. Right forecasting and informed decision making are variables of a successful competitive advantage for our company and healthy products in our portfolio. Some managers spend a good amount of forecasting and some others don’t touch it. An example is …

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Competitive Analysis for New Products in your Portfolio

Competitive analysis is a buzz term, it sounds like an important term that every Business professional should know and understand, and most important, practice, but not many companies apply it very often. As a product Manager owning a number of products in your portfolio or introducing new you should always use competitive analysis. But let’s …

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New Products in your Portfolio – Conceive Phase

A healthy portfolio should always keep a balance with the product lifecycle of its products. Inside a portfolio, some products are mature, others that are declining, and some that should replace those that are declining. There is a certain procedure whenever we need to create new products and according to Optimal Product Management from AIPMM, …

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Are you sure that Portfolio Managers don’t belong to the Scrum Team?

I mean, according to Scrum guide, a Scrum team comprises of the Dev team, Scrum master and Product Owner right? In this light let’s think better what are the similarities of a Portfolio Manager, a Scrum Master and a Product Owner. Product Owner Vision – Is the responsibility of the Product Owner to set the vision …

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Effective Portfolio Management During the Product Lifecycle

For every product that we buy at any time, there is a certain product lifecycle stage associated with it. Products, like everything in this world -alive and soulless have a certain lifecycle and are not eternal. This is the most important notion for a Product Manager. Especially when the PM is managing multiple products within …

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How a Product Manager is Managing his Product Portfolio Effectively

In the level of Product Manager when we talk about strategy we don’t mean only strategy about the product that we manage, but the strategy of alignment with the overall company objectives and goals. But what is the definition of strategy to start off with? “High level plan to achieve one or more goals under …

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Optimal Product Management – Gate phases

The Optimal Product Process was created from AIPMM and 280group. AIPMM or otherwise The association of International Product Marketing & Management is the largest community of Product managers, Brand managers, and other Product professionals related fields that are related to the Product lifecycle. The OPP is contained in product management body of knowledge® (Prodbok®) Link …

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