Product Mindset | Tools & Techniques | Product Concepts & Strategy | Requirements & Analysis | Product Metrics |
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What is output?
The features, the software, the tangible stuff produced during SDLC (SW Development Lifecycle).
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What is refinement?
Meeting done to understand and break down and detail the large epics into smaller user stories.
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What is vision?
Describes the overarching long-term mission of your product.
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What is MoSCow?
A popular prioritization technique for managing requirements that represents four categories of initiatives.
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What is North Star?
The one measurement that's most predictive of a company's long-term success.
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What is customer focus?
A strategy and a culture of doing business that focuses on creating the best experience for the customer, and by doing so builds brand loyalty.
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What is wireframe?
A schematic or blueprint that is useful for helping you and designers think and communicate about the structure of the product you're building.
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What is roadmap?
A strategic plan that defines a goal or desired outcome and includes the major steps or milestones needed to reach it.
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What is NFRs?
A requirement that specifies criteria that can be used to judge the operation of a system, rather than specific behaviours.
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What is OKR?
A goal setting framework used by individuals, teams, and organizations to define measurable goals and track their outcomes.
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What is outcome?
The desired behavior changes in an audience for which we build a product.
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What is three amigos?
The meeting that gathers Product, Design and Software representatives to discuss requirements before refinements with the team.
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What is discovery?
A process that takes place before kicking off project development. It is focused on identifying your target audience, their problems, and needs.
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What is epic?
A large body of work that can be broken down into a number of smaller stories.
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What is churn rate?
The rate at which customers stop doing business with a company over a given period of time.
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What is continuous innovation?
When a company makes a constant improvement to the products, services, or technologies that they are responsible for.
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What is MVP?
A functional, not final version of a product or service that businesses can use for testing, to solicit feedback, and to introduce to investors before officially launching to a wider market.
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What is product vacuum?
Vision + Value + Validation fill in the space between the goals and day to day work within an organisation.
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What is elicitation?
The practice of researching and discovering the requirements of a system from users, customers, and other stakeholders.
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What is user engagement?
Assessing an individual's response to a digital offering: a service, a product or a website.
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What is idea maze?
The way you go through a set of decision points to get to a successful business.
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What is double diamond?
Technique used in product discoveries composed from 4 phases: Discover, Define, Develop, Deliver.
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What is value proposition?
A promise of value to be delivered, communicated, and acknowledged.
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What is usability testing?
A user research method with a very clear aim: to answer why and how your users use your product.
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What is KPI?
A measurable value that demonstrates how effectively a company is achieving key business objectives.
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