Necessary skills for Product Manager: skills and requirements
General requirements of a Product Manager
• Bachelor's degree in business, marketing, or a related field
• Proven experience as a product manager or in a similar role
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to prioritize and manage multiple projects simultaneously
Skills and Behaviours for a Product Manager
Agile methodologies
Agile
Scrum
Cost control
Budgeting
Cost Control
Cost of goods sold
Cost reduction
Standard Costs
Variance analysis
Market research
Competitive Analysis
Market research
SWOT
Product Marketing
Product Launch
Product Positioning
Project management
Project Coordination
Project Estimation
Project Management
Project Planning
Project cost management
Stakeholder Management
Risk Management
Risk Assessment
Risk Management
Change Management
Driving change and innovation
Influencing others towards change
Collaboration & Teamwork
Giving credits to others
Involving others in making decisions that affect them
Placing team needs above individual needs
Working with others towards common goals
Communicating information
Active Listening
Asking the right questions
Influencing and persuading others
Synthesizing information
Developing others
Coaching others to succeed
Enhancing individual and professional development
Sharing knowledge, skills and expertise to others
Planning and organizing
Clarifying expectations of self and others
Goal setting, planning and priorization
Taking timely actions to ensure obligations are met