Product Management Take Home Assignment Example

Product Management Take Home Assignment Example

🔥This blog is long. Answering a take home assignment well will bring you one step closer to your dream job. This blog is detailed to help you in every step of the assignment. So read on! But only if you have some time🤣

Product Management Interviews can be long and arduous with a lot of stages. Each stage has a specific focus. If you are interviewing for a product manager role you will come across the product management Take Home Assignment. It is unique to product management roles and is used to surface specific skillsets. Over the years I have submitted so many of these that honestly I have lost count. As I progressed in my career and started hiring product managers I also created a few of my own to gauge the skills of prospective hires. In this blog we will look at the different aspects of the product manager take home assignment. We will also walkthrough a product management take home assignment example.

What is the Take Home Assignment

This is an exercise that the product manager needs to do on their own. The assignment is generally sent to you after the initial screen round or conversation with the hiring manager. The email contains:

1.A description of the assignment
2.How much time the candidate is expected to spent on it
3.Format and guidelines to be followed
4.Expectations from the final deliverable
5.Due Date for the assignment

Every company will tweak the format to meet their specific needs. Some might provide context and information that they’d like the candidate to use. Others might decide to keep it open ended and let the candidate make all the decisions.

What is the Goal of the Take Home Assignment

Through this exercise the hiring team wants to find out how you tackle different problems that you will most likely face on the job. The goal is to find out the following:

1.How you break down a problem into manageable chunks
2.Questions you ask
3.The option you evaluate
4.The option you chose
5.The reasoning behind your decisions
6.How you structure the final presentation

The Two Types of Product Management Take Home Assignment Questions

New Product or Service

The question will be presented to you in the following format:

“You are a product manager at XYZ Corp and tasked with evaluating and launching a new product. What product will you choose? How will you go about evaluating the opportunity and launching the first iteration of the product.”

Update to Existing Product or Service

“You are the product manager for “X” product. Tell us one feature that you would like to implement to improve it.”

As we said earlier some teams like to keep it open ended to see where the candidate ends up with them. The example above is an open ended questions. Others might be more structured and ask you to include specific information.

Example of How to Structure Your Take Home Assignment

Every take home assignment should touch on the following

Start with Questions

Questions

Don’t start with brainstorming ideas! When you read the assignment there will be questions that come to your mind. Jot them down. Frame them in a concise and easy to understand manner and then send them back to the hiring team. You can choose to skip this step and make assumptions as you see fit. But let me ask you this - “Would you do that in the real world? At your current job, if you are not sure about something, what do you do? Do you make assumptions and start solving the problem? The answer is NO! You will talk to your manager or peers to understand more about the problem. So why not ask questions about your assignment! Once your basic questions have been answered you can move to the next step.

Define the Problem

Explain the problem you are going to solve with the new product or update to the existing product. Keep your description short and crisp.

Who is facing this problem?

Is everyone facing these issues? Or is it limited to a subset of users? Define the user persona that is facing this problem.

Why does it need to be solved ?

No product is perfect or solves all problems. Why do you think it is IMPORTANT to solve this problem over EVERYTHING else? Why would you prioritize spending time and resources on this versus other things?

How does it align to the organisational goals?

What is the vision of the company? Does the product team have goals that they want to achieve in the next 12-18 months? Does this align with those goals? You can gauge the organisation goals by looking at their public roadmap, website, releases or while talking to your interviewers. (In case the assignment is about a fictitious company, this may be included in the questions)

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What is your proposed solution?

How will you solve the problem you have described above? First describe the actions that will solve the problem. Then give a short description of the key aspects of the feature or product that will enable users to take those actions. I would encourage you to put in a wireframe along with the description. This does not mean that you spend hours and hours building high fidelity mockups. Create simple wireframes. You can either use a piece of paper and draw a rough sketch with your hand or use a tool like balsamiq which is simple and easy to use.

What are the risks associated with these changes?

Can your solution cause any unwanted issues for the users or the team? Is it going to make anyone unhappy 🤣 . Think about all the different stakeholders that your update will impact. Once you have identified the risks, try and outline what steps you will take to mitigate them. This section doesn’t need to be crazy long. As long as the hiring team knows that you’ve thought about it you’re good!

How will you measure success?

This is the place where you list out the metrics you will follow in order to gauge the success or failure of the release. It is one of the most critical sections of your assignment and carries a lot of weight. Don’t go overboard here. More is not always better. Think through which metrics truly reflect the performance of the product or feature. Stay away from vanity metrics 🤣 . With each metric add the following information:

1.Name of the metric
2.Definition of the metric
3.Unit of the metric
4.Why you chose this metric
5.Any assumptions you need to be aware of when looking at the metric
6.Do you have the capacity to measure the metric
7.What does it mean when you say that the metric is performing well. Is there a value you are targeting with the release.

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The assumptions you have made

While working on the assignment you will have questions that will need to be answered. You will have some data but then it might not be enough to get you all the answers. You will need to make some assumptions in order to come to your conclusions. But that’s ok. In fact that is going to be the case every single time you launch a product or feature. So remember to state all your key assumptions clearly in your assignment. You can do it as a separate section or highlight them wherever they are relevant.

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Product Management Take Home Assignment Example

Background

You have cleared the screening round for your dream product management role in Amazon. You get an email from the recruiter on a take home assignment you need to complete. It looks something like this:

Example 1

“You are the product manager for the Amazon app. What new feature will you add to improve the product?”

On the face of it this is an open ended question. This doesn’t necessarily mean that they want you to just pitch them whatever idea you might have 😀 . So don’t jump the gun yet and start brainstorming on the coolest idea already 🤣 .

OR

“You are the product manager for reviews on Amazon. Recent feedback from customers has shown that they are not happy with how reviews on the site work? How will you go about solving this issue?”

This one requires you to look at a particular section of the platform.

Solution For Take Home Assignment

For the purpose of this blog we will use the open-ended question example.

First things first  let’s think about what questions come to mind after you have read the assignment?

1.Is there a specific goal for this feature? For example- increasing revenue, repeat purchase, reducing drop-off, improving NPS etc?
2.Is there an organizational push in a particular direction? A larger vision or goal that everyone is working towards?
3.Why are new features required to improve the product? Is there any survey, data or insight that makes us believe that we need to invest in new features.
4.Are there a particular group of stakeholders(internal or external) who are dissatisfied and asking for new features?
5.What is the cause of the dissatisfaction?

Send over these questions to the hiring team to see if there is any additional information that the team can provide you. They might send you hard data or insight on which you can base your assignment. Or they can come back and tell you to make your own inferences.

Let’s assume that that the team comes back and tells you the following:

“Our data shows that reviews are an important part of customer conversion. In fact listings with more reviews are 5% more likely to sell than ones with less. However recent surveys have surfaced frustration among users with how reviews work. We don’t have any other information to share regarding the assignment.”

Alright, so this information answers some of your questions. For the remainder we will make and state our assumptions clearly. So let’s start building our assignment step by step as discussed in the last questions:

Define the Problem

Users find it difficult to browse through reviews on Amazon.

Who is facing this Problem

All users are facing this problem. We are assuming that this problem is not limited to a particular category.

Why does it need to be solved?

Reviews play an important role in the buying decision of users. Recent feedback has shown that people are frustrated with how reviews work.

What is the proposed solution?

Empower users to search faster and find the right review.  This can be done by adding a search bar to reviews that let’s user type in a specific query. The reviews would filter in real time based on what the user types out.

Assumptions

1.We have looked at the survey responses. We found that the key reason for frustration is the amount of time it takes them to find the review with information that they want.
2.The work effort required for real time search results is much higher than when users type out their complete query and press enter.

Minimum Viable Product(MVP)

1.Add a search bar at the top of the reviews section.
2.Users can type out their query and then hit enter to get results that match their query.
3.Users need to type in minimum three characters to get a valid search result
4.We will test the feature out on native mobile apps first.

Wireframes

wireframes

Assumption

1.It is easier to release on mobile versus older desktop sites

Release V2

1.Users get real time search results as they starting typing in their query

Will this cannibalise an existing feature?

This update will cannibalize the usage of smart tags in our search results. Overtime we can analyze if one or both features are needed by the users.

What are the risks associated with the update?

Reviews have a high impact on conversion. An update that doesn’t work can negatively impact GMV

How will we mitigate the risk highlighted?

The release will be A/B tested first to validate its effectiveness before making it available to everyone.

A Practical Approach to A/B Testing

How will you measure success?

1.Adoption: Total number of times the search bar is used to go through reviews.
2.Reviews Usage Change: Percentage change in the total users who use the review section on the product details page after the launch of the search box.
3.Customer Satisfaction: Is the new review search bar making people happy. Present a pop up survey after a user has used the features atleast five times. Ask them if they like the feature or not. An average score of over 4 out of 5 is an indicator that the feature is doing well.

Additionally it would be useful to analyse if the user is using the search bar when the same search terms is present in the smart tag

What organizational factors do we need to consider before the release?

Before we start work on the update we need to align different stakeholders on proposed changes. And consider the following during these conversations:

1.The update directly impacts GMV. Any change can have considerable impact on each category.
2.Every category has seasonality associated with it.
3.Promotions that might be running at the same time as the update

Scheduling the A/B test at the right time across the right category is important for this update.

Disclaimers on the Take Home Assignment Example!!!

1.The proposed solution might already exist on Amazon when you read it. Or it might have existed earlier and then taken down. So don’t sweat about the solution much. Focus on the structure and thought process.
2.Please don’t copy paste this solution for your assignment. It defeats the entire purpose of writing this blog.
3.You might not be able to include all the information we have discussed in your assignment. Pick what makes sense for you!

Common Mistakes to Avoid in Take Home Assignments

Not Asking Questions

Sometimes we are in a hurry to get started. Sometimes we are lazy. Sometimes we are so burnt out with all the interviewing that we decide to skip this step. Sometimes we just want to get it over with. Please ask questions 🙏

Overshooting the length

We can get a bit too excited and try to cram in too much information into our submission. It’s quite understandable. You have done all the hardwork and want to make sure that the hiring team sees that. But please stick to the length. Generally it’s 2 pages with font size 12. Being succinct and presenting information in a concise manner is an important skill that product managers need to posses. So when you turn in an assignment that’s too long it sends the wrong signal to the hiring team.

Not Using Appendices

This is true for any work that you present. Cramming in too many graphs or designs in the middle of your documents makes it difficult to read. Use the limited space you have to highlight the important findings and conclusions you have drawn. Leave all the grunt work out of the main submission and attach them as appendices.

Finishing in one sitting

Don’t try to hash out the entire assignment in one sitting on a Friday night 😆 . Take breaks! Come back and have a look at your assignment with a fresh set of eyes often.

Not citing references

It’s ok to search on the internet. You do that in the real world too. If you are using certain frameworks or citing data make sure to add the references as part of your submission.

Spending too much time to find the most kick*** innovative idea

We don’t want to discount the fact that outstanding ideas will get you brownie points. But your idea is only one of the factors in your submission. I’d rather see a mediocre idea that’s built on a structured approach rather than what sounds like a great idea but ends there and is not backed by logical reasoning, thinking and research.

Not balancing Quantitative and Qualitative data

Product Management isn’t binary, I wish it was 😀 . You can’t focus on only data or only qualitative feedback. You have to use both. You have to look at the hard data but also look at the organizational impact of the updates you propose. In order for any update to be successful it requires a cross-functional effort. So make sure that your assignment is balanced. It shows your ability to think analytically while leading pragmatically.

Conclusion

We hope that you have found the information we shared useful. If you are reading this blog you are probably starting to write your take home assignment.

Download The Take Home Assignment Example Template

Hopefully it will help you structure your assignment.

Remember - there are no bad ideas! So pick one and ask the right questions. Break a leg!

Checkout some of our other blogs that will help you prepare for your product Management Interviews

Product Management Interview Format

Product Management Interview Questions

6 Ways to Prepare for Product Manager Interview

RICE Prioritization Framework


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