Functionality. What capabilities will it have?

[Joywtome231]

The most effective way to confirm or disprove a hypothesis is to create a minimum viable product (MVP). Such a product has a minimum of functions, but still solves the client's main problem. If you offer it to users, you can confirm or disprove the existence of demand.
2. Creating a product strategy
In the second stage, the manager creates a product strategy. This is a document that describes:

CA. For whom the product is created.
Competitive advantage. How the new solution will differ from existing products.
Finance. What expenses are planned and what should be the financial result.
Project roadmap . Stages of product creation and launch to the market.
If the product is being developed internally, such a strategy must be defended honduras phone number list before the management or investment committee. If the product is for an external client, the presentation is made for them. After the product strategy has been agreed upon, funding must be allocated for development.

3. Product development
At the third stage, the product manager is directly involved in the development of the product. To do this, he assembles a team and organizes its work. The team may include analysts, programmers, designers, testers and other experts.

In some cases, a project manager is involved in the development . This is a specialist who coordinates the team and brings the work to the final within the specified time frame and with the required budget.