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Unit 1: Introduction to Product Management




                                                                                                Notes
                                            Figure  1.2

                                         Product Initiation


                                            Feasibility


                                           Development



                                             Testing



                                          Product Launch



                                            Operation



                                         Decommisioning

          1.   Product Initiation Phase: In the Initiation Phase, Product Management, Engineering, or
               Operations submits a request for a new service or modification to an existing service.
                                            Figure  1.3





                                       Right       Executive
                                       Team         Sponsor



                                             Scope &
                                            Boundaries




               These requests are received and prioritized by the Program Management Office (PMO).
               Once prioritized, the requests are reviewed by various management teams to assess the
               impact and viability of the request in the context of business needs and the organization’s
               strategy. If approved, the request is given necessary funding and resources in order to
               proceed to the Feasibility Phase.
          2.   Feasibility Phase: The Feasibility Phase is where an idea is explored in more depth in
               order to determine the feasibility of engineering the requested service within the scope of
               the business needs. The request that has been approved during the initiation phase by the
               Governing Committee is evaluated at the engineering and product management level.
               From  an engineering perspective, the service is evaluated for technical feasibility. The
               preliminary Technical Service Description outlines the general architecture of the proposed




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