%0 Journal Article %T A Novel Software Product Manager¡¯s Framework: A Systematic Literature Review %A Nishant Ashokkumar Parikh %J Open Journal of Business and Management %P 634-666 %@ 2329-3292 %D 2024 %I Scientific Research Publishing %R 10.4236/ojbm.2024.121036 %X This study dispels the misconception that product managers are responsible for the entire product management framework. The software product management framework encompasses diverse functions across departments, including engineering, finance, legal, sales, marketing, customer service, and support. Managing all these functions independently is deemed impractical for a Product Manager. The research aims to elucidate the specific activities, responsibilities, and accountability of software product managers (PMs) within the diverse organizational landscape. It focuses on understanding the interplay between strategic product managers, technical product managers, and other cross-functional roles. Utilizing a systematic literature review, the product life cycle model, and the Responsibility, Accountability, Consulted, and Informed (RACI) technique, this study analyzes stakeholders¡¯ roles in product management. The investigation identifies 19 key activities for PMs. The study introduces two frameworks, the Software Product Manager Life Cycle Model (SPM-LCM) and Software Product Manager RACI Framework (SPM- RF), outlining the comprehensive role of Software Product Managers. These frameworks clarify product managers¡¯ roles, responsibilities, and accountabilities, illustrating their interaction with cross-functional groups and providing an in-depth understanding of their functions. %K Product Manager Roles and Responsibilities %K Product Manager RACI Framework %K Product Manager Activities %K Product Manager Framework %K Product Manager Life Cycle Model %U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=130923