Prioritization frameworks used by product managers:

• Story Mapping

• The Product Tree

• Cost of Delay

• Buy a Feature

Benefits of Adopting a Document Management System:

• Paperwork Elimination

• Meeting the Legislative and Safety Standards Is Easier

• Advanced Information Security

• Quick Documentation Analysis

Common risks of using an outdated software: 

• Constant Crashes and Downtime of the System

• Increased Maintenance Costs

• Outdated Software Slows Down Your Employees

• Your Business Secrets Are No Longer Yours

• Increased Risks of Non-compliance with Legal and Regulatory Standards

Infrastructure as a Service includes computing resources, such as virtual servers, storages and networks. It may be said that it can be imagined as virtual computers where operating systems, software, applications can be installed on. 

Platform as a Service is primarily designed for companies developing their own software. Companies using PaaS need to manage only applications and data with no necessity to manage the infrastructure.

The product manager’s primary responsibility is to develop a long-term strategic plan of development and communicate it to the team. Their goal is to shape the initial product into something that end-users will love through the ongoing evolvement.

The primary responsibility of a project manager is to work with a team of specialists with diverse skills to ensure that a project will be completed on time and under a given budget.