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A Summary of

Modern Project Management for Product Managers

by
Sachin Rekhi
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One of the critical responsibilities of product managers is driving overall results. Focus on setting up milestones for different time periods to effectively carry out your goals.

Annual Planning

  • Think about the market you’re in, the industry you operate in, emerging technology trends, and the current position of your company in the market
  • Five-year roadmaps have been found to be effective because they focus the vision of the company
    • The upcoming year will be more detailed in the planning while the outer years should focus on broader achievements
  • Cost should be thought of last or loosely when trying to plan annually as this variable is too shifty

Quarterly OKRs

  • Make more accurate goals
    • Here use specific metrics that you want your company or team to target in a shorter time period
    • Appropriately estimating time and cost is important in this step for the transparency of the company as well as future quarters
  • Each quarter there should be 3-5 objectives and key results that the team should focus on
    • Should not be longer than a single piece of paper so that the team does not lose focus

Bi-Weekly Sprints

  • The mechanism by which engineering teams are run
    • Assign engineers to tasks that should be accomplished within this certain time frame
    • Also include research and development objectives in this time so that teams can be aligned on goals
  • At the end of each sprint, each team should be able to show what it has accomplished and where it plans to go from there

Daily Scrum

  • 15-minute meeting to go over what was accomplished the day prior
    • Review any issues that have come up so that they can be addressed earlier rather than later

Product Management Tools

  • Help streamline the project management activities
    • Being able to share across the team in forms such as a Google Document can help
    • Sprints will also be measured and tracked through this system
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