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The Biggest Difference Between Product Management and Portfolio Management

Product Management University

The biggest difference between product management and portfolio management is product management focuses specifically on the success of each product whereas portfolio management focuses on the success of the company (the portfolio) in chosen market segments.

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3 Empowerment Levels in Product Management

Roman Pichler

Listen to the audio version of this article: [link] Introduction To discuss empowerment in product management, I find it helpful to distinguish three main levels of decision-making authority, product delivery, product discovery, and product strategy, as the model in Figure 1 shows. [1]

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How Agile Managers Use Uncertainty to Create Better Decisions Faster

Johanna Rothman

Strategy and Product Feedback Loops Many of my middle-management and senior leadership clients want certainty about future work. That's one of the reasons they create huge backlogs and long roadmaps. Yet, even those backlogs and roadmaps don't offer certainty. Does that sound like an agile team to you? I plan to replan.

Agile 96
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One Pragmatic Tip: Reduce WIP (Work in Progress) Everywhere

Johanna Rothman

Is your organization in search of business agility? Start with the portfolio of everything you have to do. ” Then, consider these questions, from One Quick Way to Start to Manage Your Project Portfolio : Which projects will make a difference in the next 1-3 months? Ask the product leaders to manage their WIP, also.

Agile 80
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From Project to Product: Don't You Dare Mess With Planning

Speaker: Anne Steiner, Vice President of Product and Technology at Cprime

Some in the agile community have resisted the need for planning, while others have simply encouraged planning in shorter cycles. As the shift from project thinking to product thinking becomes mainstream, we need to reconsider the impact on planning. We explore: The difference between project plans and product horizons.

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Feedback Loops Help When to Centralize or Decentralize Product-Based Decisions

Johanna Rothman

When I think about agile approaches to work, I think about how fast we can change and the cost of those changes. That's why an agile approach with deliverables every day or week doesn't fit with some kinds of projects, such as events. Here, I assume you want multiple releases for your product. As for the project portfolio?

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Middle Management Guideline: Only Plan for as Long As Your Management Can Commit

Johanna Rothman

See Create Successful Schedules: Three Tips to Rolling Wave Planning and the series that starts with Alternatives for Agile and Lean Roadmapping: Part 1, Think in Feature Sets. Here are ways to store those options: The parking lot, from a feature backlog or the project portfolio, depending on what you're planning.