Fifty years from now, we’ll all tell our grandchildren about the time the world stopped spinning. When restaurants were shuttered, businesses sent their workers home, and planes vacated the sky. And we’ll be asked what we did with all that extra time stuck at home.
What if you could say that 2020 was the lemon you turned into lemonade? The opportunity you seized to advance your career? Many are jumping at that chance, and Udacity is helping them do it— all from home.
Product managers face a common challenge in the nascent stages of creating a product: finding the ideal methodology.. While there’s a wide assortment of methodologies to choose from, each one has its own principles, rules, practices, processes, and pros and cons. And, there’s no such thing as a one-size-fits-all approach.
The Project Management Institute (PMI) defines product management methodology as a “framework that is used to structure, plan, and control the process of developing an information system.”
Think of these methodologies as a series of steps that a product manager needs to execute (with the help of a team, of course ) to design, develop, and test a product toward its successful launch/ release. While it shares a certain degree of overlap with project management, product management is restricted to managing the life cycles of products only – from their birth (ideation/ design phase) to their distribution (market launch/ release).
However, with so many product management methodologies to choose from, how do you cherry-pick the best one for your product? The short answer is — it depends. The right methodology depends entirely on the variables you’re working with – primarily your timelines, flexibility, and budget.
There’s no one-size-fits-all approach, there’s also not just one approach that’ll fit the bill. You may find that a combination of methodologies, such as Agile + Waterfall, may be right for your team.
Businesses both large and small, have been adversely impacted by COVID-19, causing the economy to launch into a tailspin.
In fact, many large corporations — including Marriott and GE Aviation — have announced that they will lay off hundreds of workers as a result of having their industries decimated by travel bans, event cancellations, and shelter-in-place orders.
An abrupt lay-off can have negative repercussions on a worker’s income and leads to undue stress when the future seems uncertain.
However, there is relief for recently laid-off workers. Udacity is offering Nanodegree program scholarships to individuals who have experienced job loss in the United States due to the Coronavirus pandemic.