Public flashcard set

Product Management Essentials

14 cards · By SmartPaw Library

PM vocabulary for builders and aspiring PMs.

business product
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Flashcards

MVP
Minimum viable product to test a value hypothesis.
Roadmap
Plan of product direction over time.
Backlog
Prioritized list of work items.
User story
Short requirement from a user perspective.
Acceptance criteria
Conditions that define 'done' for a story.
KPI
Key performance indicator.
OKR
Objectives and key results framework.
Hypothesis
Testable assumption about users/value.
Experiment
Structured test of a hypothesis.
North Star metric
Primary metric reflecting delivered value.
Persona
Archetype representing a user segment.
Stakeholder
Anyone with interest in the product outcome.
Discovery
Research to understand problems/opportunities.
Delivery
Building and shipping solutions.

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