Product Management
Foundations Course

Great product managers ask two questions: "Should we build this?" and "Why?" This 10-part course equips PMs and product teams with the frameworks, tools, and product thinking to answer both.

From 3,802 student reviews

Watch a free lesson

77Bite-sized lessons
26Templates & tools
10+Case study scenarios
15,778Students enrolled
100+Enterprise teams trained
40+Countries reached
Product manager applying product management frameworks on the job

Who is this course for?

The New PM

PMs new to product management who want a solid, practical foundation

The Experienced PM

PMs with a few years of experience who never had formal training

The Career Switcher

Project managers, engineers, designers, marketers, BAs, and subject matter experts moving into a PM role

The Product Owner

Product Owners who want to broaden into full product management

The Transitioning Team

Teams moving from project management into product management

The Founder

Founders and operators wearing the PM hat in a startup or scale-up

The PM Partner

Designers, engineers, and other partners who work with PMs and want to speak the same language

The Product Team

Product teams that need everyone working from the same language, playbook, and outcome mindset

With AI the build trap just got bigger.

In a world where AI lets you ship faster than ever, the build trap is more dangerous, not less. You can now create more — more of the things that matter, or more of the things that don't. This course is built on the same outcome thinking as Melissa Perri's Escaping the Build Trap to help you tell the difference.

Escaping the Build Trap by Melissa Perri, published by O'Reilly Media

Escaping the Build Trap

Melissa Perri — O'Reilly Media

Why product organizations default to output over outcomes — and what it takes to break the pattern.

4.6/5  ·  1,500+ ratings on Amazon
Over 91,000 copies sold worldwide

What students walk away with

Product Management Foundations takes PMs and product teams beyond the basics to an arsenal of frameworks they can apply directly to day-to-day work.

Discovery Phase

Delivery Phase

Goal Definition

  1. Understand

    what product management really is, how it differs from project management, and what it takes to do the job well.

  2. Set

    product goals tied to business outcomes, not output metrics.

Problem Exploration

  1. Run

    customer research that surfaces real problems and the why behind the data.

  2. Frame

    problems around user motivation using Jobs to Be Done, not assumed solutions.

  3. Validate

    that a problem is worth solving before committing to a solution.

Solution Exploration

  1. Test

    risky assumptions and design MVPs that maximize learning, minimize build.

  2. Ship

    the smallest valuable slice, then iterate based on real user behavior.

Solution Definition

  1. Prioritize

    by value with best-in-class prioritization models like cost of delay, and build outcome-driven roadmaps that adapt.

  2. Lead

    ideation, win stakeholder buy-in, and motivate the team behind the work.

  3. Apply

    the full PM workflow end-to-end through real-world case studies.

The Product Management Foundations curriculum

Designed for busy product people. Each 7-minute lesson fits into a commute, a coffee break, or the gaps between meetings. Most students finish in 10 to 12 weeks and keep coming back to the templates and tools long after.

  • Getting Started
  • A Product Manager's Purpose
  • Product Maturity Stages
  • Product Development Phases
  • The History of Product Management
  • Agile and Product Management
  • Unit 1: Quiz for Understanding
  • Intro: Strategy, Goals, and Metrics
  • Product Strategy
  • Goals and Metrics
  • Pirate (AARRR) Metrics
  • HEART Framework
  • Choosing the Right Metrics and Goals
  • Apply Activity: Mapping Your Metrics
  • Unit 2: Case Study Practice
  • Intro: Empathizing With Users
  • Building Empathy
  • Effective Customer Interviews
  • Good User Personas
  • Empathy Maps
  • Apply Activity: Understanding Your Users
  • Unit 3: Case Study Practice
  • Intro: Identifying the Problem
  • Killing Your Bias to Focus on the Problem
  • Jobs to Be Done
  • Problems vs Requirements
  • Activity: Identifying the Problem (Interactive Scenario)
  • Opportunities: Choosing the Right Problem
  • Apply Activity: Validating the Problem
  • Unit 4: Case Study Practice
  • Intro: Problem Exploration
  • Experimenting to Learn
  • The Product Kata
  • Finding Problem-Solution Fit
  • Creating the Value Proposition
  • Apply Activity: Exploring Product Options
  • Unit 5: Case Study Practice
  • Intro: Solution Exploration
  • Finding Product-Market Fit
  • Identifying Assumptions
  • The Truth About MVPs
  • AI Solutions
  • Testing Your Solutions
  • Apply Activity: Testing Your Solutions
  • Unit 6: Case Study Practice
  • Intro: Building the Right Thing
  • Defining Options
  • Story Mapping & Minimum Feature Sets
  • Feedback, Iteration, and Definition of Done
  • Sunsetting Products and Features
  • Apply Activity: Defining Success Metrics
  • Unit 7: Case Study Practice
  • Intro: Prioritization and Roadmaps
  • The Deal with Backlogs
  • Getting Prioritization Right
  • Prioritizing by Cost of Delay
  • Other Prioritization Methods
  • Considering Cost in Prioritization
  • Effective Roadmaps
  • Apply Activity: Communicating Prioritization Decisions
  • Unit 8: Case Study Practice
  • Intro: Stakeholders and Teams
  • Running Ideation Sessions
  • Understanding Stakeholders and Getting Buy In
  • Activity: Stakeholders and Teams (Interactive Scenario)
  • Motivating and Working with Your Team
  • Apply Activity: Collaboration Canvas
  • Unit 9: Case Study Practice
  • Continuing Your Product Management Education
  • Tools and Frameworks for Product Managers
  • Good vs. Great Product Managers
  • Case Study: Improving Acquisition in our Food Delivery Company
  • Case Study: Creating a Risk Assessment Service
  • All the Useful Resources
  • Extra Resources
  • Unit 10: Final Case Study

What's included

Everything PMs and product teams need to build a practical shared toolkit.

10
Units covering the full PM workflow
20
Video lessons — professionally animated, 3–5 min each
26
Downloadable templates & tools — yours to keep
8
Apply Activities — structured exercises using your own product
12
Months' access — revisit any lesson any time
10+
Case study practice scenarios using real-world business contexts
2
Interactive scenarios for practicing difficult PM conversations
77
Bite-sized lessons PMs can complete on the go

What our students say

The course provided a solid foundation in product management with practical tools and real world relevance. It gave me confidence to apply what I learned immediately in my role.
Andrew McCarrollIndividual Contributor PM, Elavon
A fantastic, informative and engaging course that everyone will be able to take something from, no matter your experience level.
Hernando RozoVP, US Bank
If I were to recommend a training class to an aspiring product manager or somebody interested in the craft — this would be it!
B TurgutIndividual Contributor PM, First American
I would recommend this course to everyone on my team and also advocate to my peers... it is great learning to shift from output based to outcome-based approach.
H JoshiDirector of Product Management, First American
This course gave me a solid foundation in product management with practical, real-world examples. It's a great starting point for anyone looking to break into the field!
Lokesh GundlapalliDeveloper, First America
This course was extremely informative and immediately applicable to my work. I wish I had taken it 2 years ago early in my product career!
Jules BiedrzyckiIndividual Contributor Product Manager

Training a product team?

Train hundreds of PMs in one go. 100+ enterprise teams have rolled out Product Management Foundations to build a shared PM language and outcome mindset across their organizations.

  • Optional virtual coaching

    Live sessions where PMs apply frameworks to their real work, embedding habits from the start

  • LMS tracking

    Managers can monitor progress and quiz results across the whole team

Trusted by First American, US Bank, Vanguard, Miro and more

Enterprise product team completing product management foundations training together
100+Enterprise teams have trained their PMs with Product Institute

Frequently asked questions about Product Management Foundations

More than ever. AI helps product teams move faster, but faster isn't better if you're building the wrong things. Without strong foundations in discovery, prioritization, and outcome thinking, teams risk doing exactly that: building a hundred wrong things instead of ten right ones. The fundamentals aren't a stepping stone to AI. They're what make AI useful. This course ensures your team has the product thinking to place smarter bets, move with confidence, and actually monetize the speed that AI gives you.

Product Management Foundations is an online, self-paced course covering the complete PM workflow, from goals and discovery through prioritization, roadmaps, and stakeholder management. 10 units, 77 lessons, and downloadable templates and tools you keep for life. Built on the outcome thinking at the core of Melissa Perri's Escaping the Build Trap.

Project management is about delivering a defined output on time and on budget, with a fixed scope, plan, and end date. Product management is about producing the right outcome for customers and the business, which means the scope, the plan, and even the goal can shift as evidence comes in. The mindset shift is significant: from managing tasks to managing uncertainty, from shipping features to validating value, from "did we deliver?" to "did it work?". For many organizations moving from project to product, it is also a culture and operating-model change. Product Institute has helped hundreds of teams, from start-ups to Fortune 500s, navigate that transition by giving PMs and their stakeholders a shared language, frameworks, and outcome thinking to make it stick.

The course is designed for PMs new to product management, PMs with a few years of experience who never had formal training, career switchers (engineers, designers, marketers, BAs) moving into PM, Product Owners broadening into full product management, teams moving from project to product management, founders and operators wearing the PM hat, and the designers and engineers who work alongside PMs and want to speak the same language. Enterprise teams also use it to establish a shared PM language and outcome mindset across their entire product organization.

The course is designed to take 10 to 12 weeks at around 7 minutes a day. Each lesson is short and self-contained, so students can fit one into a commute, a coffee break, or the gap between meetings. Many of our students complete the course on their phone while traveling. If life gets busy you can pause and pick it back up later, and you have 12 months' access to revisit any lesson any time.

Yes. Experienced PMs, including those with 5 to 7 years of experience, use it to formalize instincts, fill specific knowledge gaps, and pick up frameworks they haven't previously applied in a structured way. The depth of the Apply Activities means even experienced practitioners leave with new tools.

Absolutely. Most of our students start the course on their own and work through it at their own pace. That said, if you have a colleague, manager, or peer who can join you, you'll get even more value from it. Discussing the case study practice scenarios, comparing how you'd apply the frameworks to your own products, and holding each other accountable to the Apply Activities turns the course into a shared experience that sticks.

Yes. 100+ enterprise teams have deployed the Product Management Foundations course through Product Institute, training hundreds of PMs and building a shared PM language and outcome mindset across their organizations. Optional virtual coaching is available so PMs can apply the frameworks to their real work in live sessions, and LMS tracking lets managers monitor progress and quiz results across the team. Talk to our team about deploying the course for your organization.

Yes, but in a smarter way. Live time with your team is too valuable to spend on lecturing. The frameworks and content are taught online and self-paced through bite-sized 7-minute lessons and practical exercises, so PMs can learn around their work without losing whole days to training. Optional live coaching sessions are layered on top, used where they create the most impact: applying what your team has just learned directly to your own products, with a coach in the room. It's a better use of busy product people's time, and the learning sticks because it's anchored to real work.

The course was created by Melissa Perri, Founder of Product Institute and author of Escaping the Build Trap (O'Reilly Media). Melissa has also taught Product Management at Harvard Business School. The frameworks throughout are drawn directly from her book, her teaching, and her advisory work with Fortune 500 product organizations. Product Institute has trained 19,801 students in 40+ countries.

Product Management Foundations covers the complete PM workflow for new and experienced PMs and product teams: discovery, prioritization, roadmaps, stakeholders, and delivery. Mastering Product Strategy is the natural next step for senior PMs, Directors, and VPs who need to operate strategically, set product vision, and communicate direction to executives. Many PMs take Foundations first, then move to our deep dive courses or Mastering Product Strategy.

Ready to build a stronger
PM foundation?

Join 19,801 product professionals — and 100+ enterprise teams — trained by Product Institute.

"The course provided a solid foundation in product management with practical tools and real world relevance. It gave me confidence to apply what I learned immediately in my role."

Andrew McCarrollIndividual Contributor PM, Elavon
Start Today
Self-paced — start any time
12 months' access
Bite-sized lessons