The specific duties of the product manager specific for product management pertain to the analysis of the requirements of the information system as per the environment, the designing of analytical studies as wheel as their implementation, the evaluation, monitoring as well as compliance with the legislature and laws governing the project, the procurement of IT services, products, equipment as well as property required for the development of the project and the coordination of the different functions of product management.
The most crucial aspect of the project development for systems is to identify the needs and requirements of the systems and identify the risks that are associated with the project and the mitigation strategies for the identified risks. “Project risk should be reviewed before the project commences. This will allow the project plan to be developed based on an understanding of the risk issues. Reviewing risks before the start of a project also helps to determine if a project should go ahead.” (Leeper & Merz, 1992)
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