Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
Correct
Incorrect
An umbrella term used to describe a group of
iterative incremental product development
Agile
principles and methodologies that support the
Agile Manifesto
A conceptual framework that emphasizes four
central values and twelve supplemental principles
Agile Manifesto encompassing an iterative and people orientated
approach to product development. (Also called
the Manifesto for Agile Software Development.)
Holds that Agile is designed to follow a non-linear path more closely approximated
Agile Theory to that of new product development instead of the more predictable path of
manufacturing, which typically follows a serial process.
Alpha test is the first formal test of a newly developed hardware or software product
by internal people. The key objectives of the alpha test are functionality confirmation
Alpha Test
and bug identification. When the first round of bugs has been fixed, the product
goes into beta test with actual users and customers.
Analytical tool that helps managers to devise their product and market growth
Ansoff Matrix
strategies
Creating a cohesive conceptual model for the product that is easy to learn and
Behavioral Design understand. Behavioral design meshes the task requirements of a product with the
skills, knowledge, and capabilities of the intended users.
Alignment around the purpose of the beta test; clarifies the goals of the testing to
Beta Plan
be performed and the logistics of how the test is to be conducted.
A formal, structured, and controlled test of a new product or product capability in
Beta Test
order to determine market readiness.
Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
, Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
A Body of Knowledge codifies the concepts, definitions, processes, and activities of
Body of Knowledge (BOK)
a given profession.
A commonly used growth-share framework that categorizes products within a
Boston Consulting Group Market-Share
company's portfolio according to growth rate, market share, and positive or negative
Matrix (BCG Matrix)
cash flow.
A position or role that sits at the intersection of two points. In the case of product
Boundary Role
management, between the needs of the market and those of the organization.
A commonly used technique for developing creative solutions to problems or to
Brainstorming
generate new ideas.
An identifying mark, label, trademark, imprint, or name that distinguishes the
Brand
originator, creator, or manufacturer of a product or service.
Originating, building, improving, and safeguarding a name or symbol representing a
Branding
specific product or service.
The quality associated with a brand based on value assessed over a significant
Brand Equity period of time; the affirmative perception of a brand or service based on customer
loyalty and the positive reputation of a service or product.
Introducing a new or improved product by associating it with an established brand
Brand Extension
image.
A logo, slogan, moniker, or mark associated with a product or service by consumers
Brand Identity
that sets it apart from competitors.
Optimizing a brand by having a clear concept of its strongest points and placing it
Brand Positioning among similar products to accentuate its superiority and uniqueness in relation to
competitors.
A visual tool used by Agile product development teams that represents the amount
Burndown Chart
of work left to do versus time.
The practice of analyzing business needs and identifying viable solutions in order to
Business Analysis
enable organizational change and deliver value to stakeholders.
An individual that uses a prescribed set of business analysis tools and techniques to
Business Analyst understand business needs and identify viable solutions that will maximize the value
delivered by an organization to its stakeholders.
A well-structured document that provides the overall justification for a product or
Business Case
product investment and clearly demonstrates a cost benefit analysis.
A person or organization that acquires or seeks to acquire a product or service in
Buyer
exchange for money or some other consideration.
A representation of a specific group or groups of buyers who influence or make
Buyer Personas purchasing decisions about a product. Buyer personas are used to make informed
product, marketing, and sales channels decisions.
Category Extension The use of an existing or parent brand to launch products in other categories.
A situation resulting from the producer of a product competing, either inadvertently
Channel Conflict or through intent, with other parties distributing the same product to a targeted
group of customers.
Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
Correct
Incorrect
An umbrella term used to describe a group of
iterative incremental product development
Agile
principles and methodologies that support the
Agile Manifesto
A conceptual framework that emphasizes four
central values and twelve supplemental principles
Agile Manifesto encompassing an iterative and people orientated
approach to product development. (Also called
the Manifesto for Agile Software Development.)
Holds that Agile is designed to follow a non-linear path more closely approximated
Agile Theory to that of new product development instead of the more predictable path of
manufacturing, which typically follows a serial process.
Alpha test is the first formal test of a newly developed hardware or software product
by internal people. The key objectives of the alpha test are functionality confirmation
Alpha Test
and bug identification. When the first round of bugs has been fixed, the product
goes into beta test with actual users and customers.
Analytical tool that helps managers to devise their product and market growth
Ansoff Matrix
strategies
Creating a cohesive conceptual model for the product that is easy to learn and
Behavioral Design understand. Behavioral design meshes the task requirements of a product with the
skills, knowledge, and capabilities of the intended users.
Alignment around the purpose of the beta test; clarifies the goals of the testing to
Beta Plan
be performed and the logistics of how the test is to be conducted.
A formal, structured, and controlled test of a new product or product capability in
Beta Test
order to determine market readiness.
Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
, Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
A Body of Knowledge codifies the concepts, definitions, processes, and activities of
Body of Knowledge (BOK)
a given profession.
A commonly used growth-share framework that categorizes products within a
Boston Consulting Group Market-Share
company's portfolio according to growth rate, market share, and positive or negative
Matrix (BCG Matrix)
cash flow.
A position or role that sits at the intersection of two points. In the case of product
Boundary Role
management, between the needs of the market and those of the organization.
A commonly used technique for developing creative solutions to problems or to
Brainstorming
generate new ideas.
An identifying mark, label, trademark, imprint, or name that distinguishes the
Brand
originator, creator, or manufacturer of a product or service.
Originating, building, improving, and safeguarding a name or symbol representing a
Branding
specific product or service.
The quality associated with a brand based on value assessed over a significant
Brand Equity period of time; the affirmative perception of a brand or service based on customer
loyalty and the positive reputation of a service or product.
Introducing a new or improved product by associating it with an established brand
Brand Extension
image.
A logo, slogan, moniker, or mark associated with a product or service by consumers
Brand Identity
that sets it apart from competitors.
Optimizing a brand by having a clear concept of its strongest points and placing it
Brand Positioning among similar products to accentuate its superiority and uniqueness in relation to
competitors.
A visual tool used by Agile product development teams that represents the amount
Burndown Chart
of work left to do versus time.
The practice of analyzing business needs and identifying viable solutions in order to
Business Analysis
enable organizational change and deliver value to stakeholders.
An individual that uses a prescribed set of business analysis tools and techniques to
Business Analyst understand business needs and identify viable solutions that will maximize the value
delivered by an organization to its stakeholders.
A well-structured document that provides the overall justification for a product or
Business Case
product investment and clearly demonstrates a cost benefit analysis.
A person or organization that acquires or seeks to acquire a product or service in
Buyer
exchange for money or some other consideration.
A representation of a specific group or groups of buyers who influence or make
Buyer Personas purchasing decisions about a product. Buyer personas are used to make informed
product, marketing, and sales channels decisions.
Category Extension The use of an existing or parent brand to launch products in other categories.
A situation resulting from the producer of a product competing, either inadvertently
Channel Conflict or through intent, with other parties distributing the same product to a targeted
group of customers.
Product Manager Certification – AIPMM Exam with Complete Solutions Latest Update
