Product management definition: it is a methodology and process of managing products or services starting from their early stages, through their development, introducing, growth, mature and finally to their decline. PM guide is a corporate charter which formulates guidelines of how the organization should handle the PM process avoiding certain issues and pursuing certain goals. Each of the stages has its own product management goals that are different requirements and objectives necessary to be met in order of getting maximal effectiveness. These guidelines will help all related persons to take right steps and to avoid issues on the way leading through developing, introducing and distributing new products. As far as every stage has its own specificity a lot of different skills are required to create and launch a new product. Depending on nature and scale of the product or service its management team may include different engineers, qualified manufacturing technicians, specialists of marketing, sales and many others, so each department has its own guidelines. All this wide-scale working process can be coordinated and managed with a help of special software.
VIP Task Manager is real-time teamwork software for planning, controlling and analyzing projects. It provides you with sharable interface modes (Task List, Task Tree and Calendar) to support your methodology and for analyzing performance of your workgroup in order to identify project evolution or defections.
To plan and analyze product management – do the following:
- start your product management software
- use Task Tree to plan project management stages and tasks
- interconnect the team members through assigning responsibilities to them
- control performance parameters