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Product Management Process: The 7 Stages Explained

Userpilot

Following the product management process results in continuous product discovery, design, and development; overall, it improves the chances of success. The product management life cycle consists of seven main stages: You start with Market Research to assess the external business environment and identify the needs of the users.

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Greenfield Project

ProductPlan

That means, for example, that the product team will be starting without things like: Earlier versions of the product (or similar products). Research estimating the product’s total addressable market. Project management framework. Researching your target markets. Validating your idea.