Social Sciences > QUESTIONS & ANSWERS > AIPMM Exam Questions and Answers 100% Pass (All)
AIPMM Exam Questions and Answers 100% Pass Product Management (PdM)? ✔✔The process of conceiving, planning, developing, testing, launching, delivering, and retiring products in the market Proc... ess ✔✔A series of steps and decision involved in the way work is completed Inputs to a process ✔✔Material, People, Procedures, Customer Requirements, and Drawings Outputs of a Process ✔✔A part, a critical dimension, a critical characteristic, communication, date, information ProdBOK ✔✔A widely accepted set of strategies, methodologies, concepts, terms and activities that make up Product Management and marketing domains Product Management Framework (PMF) ✔✔Maps the phases and stages of a Product lifecycle Product life cycle stages ✔✔New Product Development, Introduction, Market Development (growth, maturity, decline), and withdrawal Phases in the Development stage of PLC ✔✔Conceive, Plan, Develop, Qualify Phases in the Introduction stage of PLC ✔✔Launch Phases in the Commercialization stage of PLC ✔✔Launch, Deliver, Retire X axis in the PMF ✔✔Time Y axis in the PMF ✔✔Focus parameter - what you are monitoring or managing XY cell in the PMF ✔✔The details of a parameter at a given time New Product Development (NPD) ✔✔The process of designing, creating, developing, testing and launching new products to the market New Product Development (NPD) process ✔✔Create strategy, generate the concept, create the product and marketing plans, execute pre-launch activities while developing the final product for the market Fuzzy Front End ✔✔The period between when an opportunity for a new product is first considered and when the product idea is judged ready to enter formal development Commercialization ✔✔The process by which a new product is introduced to the market Goal of Introduction stage of PLC ✔✔Building demand for the consumer Goal of Growth stage of PLC ✔✔Establish product's position in the market, increase sales and profits Goal of Maturity stage of PLC ✔✔Maintain market share and extend the PLC Goal of Decline stage of PLC ✔✔Withdraw the product from the market Phases ✔✔Prescribed, concurrent activities Gates ✔✔Decision points in the Phase-Gate process Key decision points for Gates ✔✔Go, No-go, Hold, Recycle Main issues for Gates ✔✔Quality of execution, business rationale, action plan Main elements of Gates ✔✔Deliverables, criteria, outputs [Show More]
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AIPMM BUNDLED EXAMS QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS
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