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Showing posts with the label product roadmap

Tips to maintain and manage product backlog

So let's first define a product backlog before moving on to its management. We can characterise it as a lengthy wish list in a broader sense. To ultimately produce the ideal outcome, those wishes must be prioritised. The person in charge of managing the backlog and accumulating these requests is the product owner. These desires are converted into development assignments by the team. Let's quickly discuss the distinction between the sprint backlog and the product backlog. In reality, the sprint backlog is a subset of the product backlog and consists of the tasks that must be performed exclusively within that particular sprint. On the other side, the work required to finish a project or release a product is all included in the product backlog. -> Have a right vision with good strategy The best place to start is probably by establishing the product strategy while keeping the end goal in mind. Because product strategy has practically everything you need to manage your backlog, f...

Why and what is North Star Metric for products

Yes, the product manager (PM) serves as a bridge between the tech/developer teams, the business teams, and the designers. Then, as someone who bridges those fields, you should at the very least understand each team's challenges and objectives. When communicating with other teams and stakeholders, you are the team's representative. The North Star Metric, however, is similar in this regard. In addition, North Star Metric serves as the intermediary (again, I don't want to sound patriarchal). It need to be able to represent both the client or customer and the organisation. The amount of profit the business will realise from the products should be quantified using the North Star Metric. How much the users profit from our creation should be quantified by the North Star Metric. It must also be quantifiable, therefore it typically includes timely measurements (daily, monthly, or annual) Therefore, before establishing the company's North Star, we should be aware of the issues th...