Year 2 University Product Managements notes

-Values and aligning yourself with what you want to do (your ethics) Leaders Vs Managers Leaders  -Concerned with change  -Setting directions and motivating/ inspiring towards the common goal, can be concerned with the small details  Managers -Concerned with complexity, day to day problem solving, planning, budgeting, organisation of people, administration, communication, and tasking people with the right work.  ----------------------------------------------------------------------------------------------------------------------------- Managing yourself to a higher standard  -moderating and managing your life  Styles of management -The current trend in management is a coaching approach - bringing people along on a journey  -Their is no one style of management  -Gen Z has a lot of different management styles  -A working style that Gen Z use is 'quiet quitting'  /PM's have to adapt to workers who may quit quietly -Be authentic when leading...

 

Leadership = Accountability, responsibility, Look and act like a leader, Body language is important  Management = working with people Core Concept 1:  Scope - Describes what the end product will be  Schedule - Is the time frame that You will have to complete your project  Budget (Cost) - The money that you can spend on your project Manage expectations with the investors as altering any of these things will impact the quality of the final product.  Quality = Time + Cost Core Concept 2: In scope are things that will be discussed, and are things we will do  Out of scope ideas will also be discussed so their is a understanding between the investors and you.  Scope management -  is the process whereby the outputs, outcomes and benefits are identified, defined and controlled (PMBOK, 7th Edition) As a product manager you have to manage expectations and the things that you are gonna get in the future to clients, stakeholders and anyone else involved i...