Question Bank: Product Management
Are you looking for your purple squirrel in Product Management? Not to worry, we here are ConveyIQ by Entelo are here to help with some questions that can help you locate your purple squirrel!
Below, you will find questions divided into sub-categories for Product Management:
Analytical Reasoning
- Do you believe in processes? Is there ever a time when you think it’s acceptable to break an agreed process?
- How do you agree on scope and time with the customer, when the customer wants too much?
- How many of the three variables scope, time and cost can be fixed by the customer?
- Take me through how you’ve defined and managed a product from start to finish.
- Tell me about a project you have run or a product you have managed through its life cycle?
- What are the differences between Waterfall and Agile development techniques?
- What do you need to be able to determine if a project is on time and within budget?
- What is the difference between an iteration and an increment?
- What would you do if you went to a high-level business meeting with directors the CEO and other senior stakeholders… viewed a power point presentation on a new (on-line) product. The presentation concluded by annoucing that we aim to launch this new product in two months’ time?
General Experience
- Can you name some differences between DSDM, Prince2 and Scrum?
- Do you prefer a work breakdown structure or a rolling wave planning?
- Do you prefer minimization of the number of releases or minimization of the amount of work-in-progress?
- Give an example of a product lifecycle. Specify stages like – market research, development, documentation, mass production, launch, marketing, branding, services etc.
- How do you handle stress?
- How do you keep up with new and emerging technologies and how do you access and get to understand their usefulness to your product range?
- How do you measure product success?
- What is more important to you: being liked or being respected? Why?
- What’s your greatest achievement to date?
- Which kind of diagrams do you use to track progress in a project?
- Who should make estimates for the effort of a project? Who is allowed to set the deadline?
- Why do you want this job?
Risk Management
- Can you explain the practice of risk management? How should risks be managed?
- How would handle a senior business stakeholder that demands more than you can deliver within a certain timeframe?
- You, and your team, were involved in a successful launch of a new product that exceeded business expectations during its first phase. What would you do?