Revo's Product Management Glossary

The process of using quantitative information and metrics to guide strategic choices and actions in product development and management.

A software design pattern that promotes loose coupling by allowing external components to be injected into a system, enhancing modularity and testability.

The process of identifying, organizing, and controlling external components or libraries that a software project relies on to function properly.

A time-constrained, five-phase process for rapid product ideation, prototyping, and testing with users to validate solutions and reduce risks.

A set of reusable components, guidelines, and standards that ensure consistency and efficiency in product design and development across an organization.

A human-centered approach to problem-solving that emphasizes empathy, ideation, prototyping, and testing to create innovative solutions for users' needs.

Standardized design variables that define visual elements across a product's interface, ensuring consistency and scalability in design systems.

The practice of using one's own product or service internally to test and improve it before releasing it to customers.

An approach that combines product discovery and delivery processes, running them in parallel to balance innovation with execution in product development.

A time management tool that prioritizes tasks based on urgency and importance, helping product managers focus on high-impact activities and improve productivity.

A concise, compelling summary of a product or idea delivered in the time it takes to ride an elevator, typically 30-60 seconds, designed to quickly capture interest and convey key value propositions.

A visual tool used to gain deeper insights into user behaviors, needs, and pain points by exploring what they think, feel, say, and do.

A qualitative research method involving direct observation and interaction with users in their natural environment to gain deep insights into their behaviors, needs, and pain points related to a product or service.

The process of encouraging and tracking users' acceptance and utilization of new product features or functionalities over time.

The gradual addition of new features to a product, often leading to unnecessary complexity and scope expansion beyond the original vision.

A configurable setting that enables or disables specific functionality in software, allowing controlled rollouts and experimentation without code changes.

The process of evaluating and ranking product features based on their potential value, impact, and feasibility to determine which should be developed first.

A phased introduction of a new product feature to a subset of users or markets, allowing for controlled testing and gradual expansion before full release.

A software development technique that allows features to be enabled or disabled dynamically, facilitating controlled rollouts, A/B testing, and risk mitigation in product development.

A hierarchical representation of product features, organized to show relationships and dependencies between different functionalities or components.

Obstacles or challenges in a user's journey that hinder smooth interaction with a product or service, potentially causing frustration or abandonment.

A method of analyzing user behavior through a series of steps or stages in a process, typically used to identify where users drop off or convert in a product or service journey.

The process of improving each stage of a customer's journey through a sales or conversion funnel to increase overall conversion rates and revenue.

A visual timeline tool used to display project tasks, durations, and dependencies, helping product managers plan and track progress.

A comprehensive plan outlining how a company will reach target customers and achieve competitive advantage when introducing a new product or entering a new market.