Gain insights into modern product management, understand common pitfalls, and learn practical techniques for product life cycles, MVPs, business modeling, and pivoting to ensure market-ready, revenue-generating products.

In this course, you will learn modern product management techniques that will allow you to bring products to the market as quickly as possible and without hassle.

You’ll start by understanding the problems and mistakes that organizations and product teams continue to create such as: scaling efforts before testing the market, building before understanding the problem, and cognitive biases in decision making.

Once you know what the mistakes are, you’ll learn how to solve them through practical examples. You’ll learn techniques around the product life cycle, conditions of an acceptable minimum viable product, business modeling, and when to kill or pivot the direction of your product. 

By the end of this course, you will have the foundations in place to bring products to the market that solve problems, generate revenue, and are built for the long haul.

Lean Product Management

## The Cycle

Eric Ries coined the `build-measure-learn cycle` in his book about Lean Startup, and like many other Lean Startup concepts, it has been widely misunderstood. 

**Build** does not necessarily mean creating software or creating a physical product; Otherwise, you fall into the construction trap.

**Building means doing the minimum necessary at the right time and in the right amount to reduce the maximum uncertainty.** Depending on the life cycle stage in which you find yourself, your main risks, and the budget you have available, you will build more or less expensive experiments.

# The Cycle

Eric Ries coined the `build-measure-learn cycle` in his book about Lean Startup, and like many other Lean Startup concepts, it has been widely misunderstood. 

**Build** does not necessarily mean creating software or creating a physical product; Otherwise, you fall into the construction trap.

**Building means doing the minimum necessary at the right time and in the right amount to reduce the maximum uncertainty.** Depending on the life cycle stage in which you find yourself, your main risks, and the budget you have available, you will build more or less expensive experiments.

Learn more about the Build–Measure–Learn cycle.

Getting Started

The Problem

Introduction to Lean Product Management

The Product Life Cycle

Build – Measure – Learn

The Minimum Viable Product

Business Modelling

Product Metrics

Kill, Pivot or Persevere

The End

Build – Measure – Learn

The Cycle