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Product Development

Product development refers to the entire process of creating a new product or improving an existing one. It involves various stages from ideation, design, and creation, to market release and beyond.

Why It Matters

Product development is crucial in AI Product Management because it bridges the gap between the concept and realization of a product. It impacts decision-making by ensuring products meet market needs and are delivered efficiently. Its significance lies in optimizing workflows and enhancing team dynamics to foster innovation and improve product quality.

How It’s Used

- In product roadmaps, it outlines the steps and stages needed to bring a product to market.
- During sprints or team discussions, it helps in aligning the team’s efforts towards a common goal.
- As part of AI workflows or analyses, it aids in integrating AI capabilities into products effectively.

Related Terms

1. Product Roadmap
2. Feature Toggle
3. User Persona

Additional Resources

- Product Management vs. Product Development
- What is Product Management? Definition, Process, Roles
- What Is Product Development? Definition & Examples

AI Product Management Context

Revo helps Product Managers streamline the product development process by providing tools for efficient project management and collaboration, ensuring that all stages from ideation to market release are well-coordinated.