InternshipKey terms and common mistakes
The words you will hear in Product Management work and the mistakes that most often cost interns approvals.
Key terms
| Term | Meaning |
|---|---|
| PRD | Product requirements document: what to build and why |
| User story | A need written as: as a user, I want..., so that... |
| MVP | Minimum viable product: the smallest version that tests the idea |
| Roadmap | The planned order of features over time |
| North star metric | The one number that best shows the product is working |
| Backlog | The ranked list of work not yet started |
A/B test | Showing two versions to compare which works better |
| Acceptance criteria | Conditions that show a story is done |
Common mistakes to avoid
- Starting with a solution instead of the user problem.
- Writing requirements without acceptance criteria.
- Measuring output (features shipped) instead of outcomes.
- Not talking to real users.
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