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How to Run Product Discovery: Process, Frameworks, and Best Practices

Altexsoft

So, product development can be divided into two phases: discovery and delivery. The delivery process is traditionally the most time-, effort-, and budget-consuming. But, wrong market assumptions are what make products fail. So, in this article, we’ll define what product discovery is and its goals.

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Product Life Cycle: How to Extend Your Product Market Presence

Altexsoft

In this article, we’ll define the basic features of each lifecycle stage relying on common product lifecycle representation first introduced by Raymond Vernon in 1966, a US economist, and give you some tips to prolong the product success. Product life cycle. Product development lifecycle version by PMBoK.

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Product Managers vs. Project Managers: Difference, Responsibilities, and KPIs

Altexsoft

Project manager runs the product development. Throughout the entire development stage, this person ensures that the project goes in line with the set budget and time frames. Product manager is responsible for market success. Estimate time, budget, and risks. Deliverable: iteration review. Allocate roles.