LinkedIn principal author Doug Winnie describes how to apply multiple iterations of the lifecycle for a product. For waterfall projects, you will go through the cycle over a long period of time, whereas with an agile project, you will go through the cycle much faster, and manage multiple versions, or sprints, at the same time.
- The phases of research, plan, build,…release, refined and retire form a single cycle…for your product, but for many projects,…you will repeat this process multiple times.…Here are some ways to think about handling multiple cycles.…If you take a cycle and unfurl it along a line,…each step takes place one after another.…At each phase along the way, there is a deliverable…that is created which moves the process into the next phase.…
For a Waterfall-based lifecycle,…you will go though the entire process…from research to refine, and at the end,…you'll start the process over again.…With each version, model or generation of your product,…you go through each step to make a better,…stronger, or more valuable product for your customer,…but for Agile-based lifecycles,…the process works a little bit differently.…The cycle takes a much shorter amount of time…and is called a Sprint.…
While a Waterfall lifecycle could take years,…an Agile cycle might take only a few weeks or a month.…The other interesting twist with Agile…
- Identify types of products.
- Recognize different types of industries.
- Examine what elements make up a quality extended team.
- Explore the components of managing a life cycle.
- Name the elements of a strong research plan.
- Break down how to pitch an idea.
- Identify versions, releases, and sprints.
- Recognize how to monitor progress using a burndown chart.
- Define your go-to market.
Skill Level Beginner
1. What is Product Management?
2. What Does a Product Manager Do?
When it is time to retire2m 58s
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