B S Dubey

Senior Product Leads focus on functional design to make products practical and user-friendly. I manage complex data, analyse system requirements, and integrate software development with company goals. I investigate markets to guarantee products match consumer needs. I plan, coordinate with teams, and ensure quality to achieve business goals. I have managed product development, collaborated with teams, and prioritised post-launch user input.

How do you measure product performance (on based of COST/Time/Performance)?

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Product Performance,Cost, time

How do you measure product performance (on based of COST/Time/Performance)?

Measure product performance Pie chart

  • Cost :

    • Take into account the costs associated with the production and upkeep of the product, which should include the costs of development, manufacturing, and continuing operational expenses. In order to establish whether or not the product is profitable, compare these costs to the money that it generates overall.

  • Time

    • Track how long it takes to develop and bring the product to market, as well as how quickly it can be updated or modified in response to customer feedback or changes in the market.

  • Performance

    • We need to test the product’s features and not-features, like how fast it works, how reliable it is, how well it can be scaled, and how happy the users are with it. For instance, an e-commerce platform can check how well it’s doing by keeping track of how long it takes for websites to load and how many people buy from them before and after making changes to the infrastructure.

  • Overall Impact:

    • We need to consider a combination of cost-effectiveness (cost), time-to-market (time), and customer satisfaction (performance) when evaluating overall impact on business success.

  • Formula to measure:
    • Product Cost = Development + Operational + Maintenance Costs Example: $100,000 Development Cost
      Annual Operating Cost: $50,000
      Annual Maintenance: $10,000
      One-year product cost = $100,000 (Development) + $50,000 (Operational) + $10,000 (Maintenance).
      The formula for time to market is: Conceptualization + Development + Testing + Launch.
      Example:
      Two months to conceptualise
      Development: 6 months
      Testing: 3 months
      One month to launch
      Times to Market = 2+6+3+1=12 months
      3. Formula: Performance = (Output / Input) * Efficiency Factor
      If a software processes 100 transactions per hour (Output) on a $50 server (Input) with an efficiency factor of 0.8, Performance = (100 transactions / $50). 0.8*1.6=1.6 transactions/dollar
      Real-world situations require balancing these three factors. Shortening time to market may increase cost or lower performance. Focusing primarily on cost reduction may also effect product performance and development time.

Measure product Performance

As Program Manager, How you measure team performance and what all Agile method you use?

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Performance Measurement

As Program Manager, How you measure team performance and what all Agile method you use?Provide a real scenarios with examples. Team Performance Measurement: Velocity: Track the team’s velocity over time to measure their productivity and capacity for delivering work. Sprint Burndown Charts: Monitor the team’s progress within a sprint to ensure they are on track … Read more

What is Lead Time and Cycle Time how will you improve it?

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What is Lead Time and Cycle Time how will you improve it , provide with examples. What is Lead Time? Lead time refers to the total time it takes for a product to move through the entire production process, from the initiation of the process to its completion. For example, if a company takes 10 … Read more

How would you handle a situation where several stakeholders have divergent goals and opinions on the project’s course, and how would you work with them to establish a middle ground?

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How would you handle a situation where several stakeholders have divergent goals and opinions on the project’s course, and how would you work with them to establish a middle ground?

As a Project Manager, If you find that a part of your project is not in compliance with newly introduced regulatory standards, what best 5 actions would you take to rectify this and ensure compliance?

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As a Program Manager,How would you handle the sudden departure of a key team member in the middle of a critical project phase?

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As a Program Manager, If the project scope is suddenly expanded due to changing market demands but the deadlines remain the same, what would be your approach to handle this scenario?

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Sudden Change in Project Scope: As a Program Manager, If the project scope is suddenly expanded due to changing market demands but the deadlines remain the same, what would be your approach to handle this scenario? Find out what happened: Think about how the bigger scope will affect the budget, and schedule. Talk to the … Read more

As a Program Manager, How would you handle 5 best ways to resolve a major issue between two project departments or teams that affects project deliverables?

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As a Program Manager, You receive a software development project that is considerably behind its planned timeline. The client is dissatisfied, and the team is lacking motivation. What are the 5 strategies would you apply to rectify the situation and ensure the project’s progress, while also preserving a positive rapport with the client and enhancing team motivation?

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 As a Programs Manager, You receive a software development project that is considerably behind its planned timeline. The client is dissatisfied, and the team is lacking motivation. What are the 5 strategies would you apply to rectify the situation and ensure the project’s progress, while also preserving a positive rapport with the client and enhancing … Read more

You As a Program Manager, Imagine that one of the most important project in your program isn’t meeting important deadlines. What would you take most 5 important actions to get the project back on track? please provide the answer considering the real situations?

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You As a Program Manager, Imagine that one of the most important project in your program isn’t meeting important deadlines. What would you take most 5 important actions to get the project back on track? please provide the answer considering the real situations. Purpose: Assess your ability to handle pressure and troubleshoot effectively. Your answer … Read more