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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. Minimum Viable Product. Stage 0: Development.

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

Altexsoft

Usually, such evaluation is based upon their knowledge of team processes and technology. Deliverable: iteration review. Deliverable: user stories, acceptance criteria, other product documentation. Lead the development of product prototypes. Deliverables: Minimum Viable Product, Proof-of-Concept.

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

Altexsoft

The goal is determined by your specific case: it can be a feature concerning one part of functionality or the whole product. Let’s imagine a travel review site similar to Tripadvisor planning to implement a booking feature on their website, instead of giving a “View Deal” redirect link. Design thinking phases. Source: pdmethods.com.

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