Consulting
Thus is the most common advice given by consultants
What is cut costs and increase profits?
This document outlines the vision, strategy, and features of a product, often referred to as the 'PM's bible.
What is a Product Requirements Document (PRD)?
This term, commonly used in reference to the internet, is used to describe how much availability you have. "Sorry Jeff, but I just don't have the _____ to develop a 40 page deck on why Loyola Marymount University is the best school in the U.S."
What is Bandwidth?
The two is common tools used by consultants
What is PowerPoint and Excel?
This is what GTM stands for
What is go-to-market?
Every consultant's favorite, this term is a fancy way of saying "use". Example: Use technology we already own.
What is Leverage?
This is how confidentiality is maintained
What is signing an NDA?
This is what MVP stands for
What is minimum viable product?
This acronym is commonly used when referring to when a deliverable or response is due. It also buys you a few extra hours as long as its in before midnight!
What is EOD?
Consultants dream of these mythical calendar blocks that shield their Saturdays and Sundays from meetings and emails.
What is protected weekends?
This stage of the product lifecycle is characterized by slow growth and market saturation
What is maturity?
This is the phrase used when referring to a subset of tasks or activities that are the easiest out of the group. Oranges, anyone?
What is Low-Hanging Fruit?
This term is used when all the items in a framework are different
MECE (Mutually Exclusive and Exhaustive)
This product management approach follows a sequential and linear development process
What is waterfall?
This aquatic phrase is used to describe something that is clearly impossible, and thus not worth the effort of even attempting.
What is Boil the Ocean?