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Product Management Course: Essentials for Beginners
Rating: 4.5 out of 5(364 ratings)
4,454 students
Created byBoard Infinity
Last updated 8/2023
English

What you'll learn

  • Understand the core principles of Product Management, the role of a Product Manager, and the process of backlog creation and prioritization.
  • Develop skills to define problems effectively, devise suitable solutions, and apply these concepts through real-world examples and use cases.
  • Acquire knowledge to successfully implement product strategies, understand the importance of wireframes in product design, and create them.
  • Learn to develop user personas, create customer journey maps, and understand their impact on the overall product experience and development.

Course content

3 sections10 lectures1h 56m total length
  • What is Product Management?7:29

    In this lecture, you will learn about the very basics of product management.

    • The Meaning of Product Management

    • The responsibilities of a product manager

    • Why is Production Management needed?

    • What are the challenges faced in Product Management Product Management is about leveraging technology to solve consumer problems and impact business positively by identifying problems via customers, data, reports, prioritizing problems to be solved using technology, and successful launch and measurement of the product.

    Product Management differs from that of a Business Analyst, Program Manager, Coder, Designer, or Marketer.

    Product Management requires Industry knowledge, Empathy for customers, People management skills, Product Mindset, etc. It also has many challenges associated with it, which we would learn in detail about in the lecture.

  • What does a Product Manager do?5:19

    In this lecture, we would learn about the cycle a product manager has to follow in order to accomplish product management over the course of the year.

    He starts by creating Backlog, which includes Identifying problem statements, via customers, data, reports, tech improvements, BAU, etc.

    The next step is Prioritisation in which the problems identified in the backlog process are now prioritized according to their impact, effort, sustainability, and balance between strategic and tactical methodologies.

    The last step is The Product Development Life Cycle via Problem Definition, Solutioning, Use Case, Development, Success Management, and Iteration.

    The details of all the heads will be explained in the further lectures.

  • Backlog Creation8:45

    In this lecture, we will learn about Backlog Creation.

    As learned in the previous video, Backlog Creation is identifying problem statements, via customers, data, reports, tech improvements, BAU, etc.

    It is important to now understand how it is done. It is concerned with the identification of problems but since all problems cannot be solved at one go, it is necessary to know the Minimum Viable Product and work thenceforth.

    Market sizing helps to determine which of the consumer problems should our business solve as to how it would benefit the business. Knowing the current problems from the data would also help us identify futuristic problems from the data which again, gives a bigger picture of the problems.

    Market Reports suggest that it is imperative to embrace the change, and these help us to find those areas to work which will give us the edge.

    Technological Improvements and making the platform scalable are imperative to cater to the ever-increasing needs of the customers. The video contains a situational example that will help gain a better understanding of Backlog Creation.

  • Prioritisation28:48

    In this video, we will learn about the next step of Product Management- Prioritisation.

    The matrix in the video shows that Prioritisation is measured on the basis of Impact and Efforts. If the Impact is high and so are the Efforts, the situation is for a Major Project. The impact is low and the effort is high, which is suitable for a Thankless task. When the Impact is high and the Effort is low, it is a Quick Win. When the Impact and Effort both are low, it is used for Fill-Ins.

    The Measure Impact Basic Metric is straightforward and easy to implement and understand but fails because of over-optimism and underestimating the effort.

    Therefore, it becomes important to find ways to balance it. Such as, not forgetting the low-hanging fruits, having an additional buffer in the effort, measuring impact across all metrics, etc.

  • Introduction to Product Management

Requirements

  • The sole prerequisite for this course is a keen interest in learning about product management. No prior knowledge or experience in the field is required.

Description

Product Management Course: Essentials for Beginners" by Board Infinity, is meticulously designed to provide a comprehensive introduction to the world of product management, tailoring particularly to those who are new to the field.

The course starts with a broad overview of what product management entails, exploring its vital role within an organization. It provides insights into the multifaceted job of a product manager, clarifying their responsibilities in maintaining the balance between stakeholders, the development team, and the end-users.

Modules like "Backlog Creation" and "Prioritisation" are designed to help you understand and manage the pipeline of product development, offering you tools and methods to effectively prioritize tasks. The "Problem Definition" and "Solutioning" modules delve into the crux of product management, teaching you how to identify problems and ideate effective solutions. Real-life examples are provided to foster a deeper understanding of the concepts.

The course further expands to cover implementation strategies, providing a detailed understanding of 'wireframing' and its utility in visualizing user interfaces. You will learn how to craft 'User Personas' and 'Customer Journey Maps' to better empathize with your users and understand their needs.

This course is more than just lessons; it's a toolkit packed with practical strategies and actionable insights that can be directly applied in real-life scenarios. By the end of this course, you will have the foundational skills and knowledge required to kickstart a successful career in product management.

Who this course is for:

  • This course is primarily intended for individuals who are curious about or keen on stepping into the product management arena. This includes novices seeking foundational knowledge, professionals from areas such as engineering or marketing looking for a career switch, budding entrepreneurs desiring to shape their products more effectively, and business analysts or consultants needing to enhance their comprehension of product management to boost their overall business strategies.