What is the purpose of a product roadmap?

A product roadmap is a shared source of truth that outlines the vision, direction, priorities, and progress of a product over time. It’s a plan of action that aligns the organization around short and long-term goals for the product or project, and how they will be achieved.

What is the purpose of a product roadmap What is a product roadmap and what is it not?

A product roadmap maps out the vision and strategic objectives for a product in a visual way, making it easier for development teams to share and collaborate. It displays priorities and details how everyone will deliver against the vision and strategy.

Are product roadmaps useful?

They provide a shared, common understanding of the vision, goals, and objectives for everyone in the company. Product roadmaps also help organizations avoid chaos from reigning, pet projects from sliding into the implementation queue, and wasting resources on less important tasks.

Who is responsible for product roadmap?

The product manager
Who owns the product roadmap? The product manager owns the product roadmap! Not your executives, engineering, marketing or your sales reps. As a PM, you’re responsible for making sure that these stakeholders are bought into your plan and understand the tradeoffs made to generate the most customer and market value.

How does a product roadmap relate to a product backlog?

The product roadmap provides an umbrella for the product backlog; it tells a longer-term story about the likely growth of the product whereas the product backlog contains the details necessary to progress the product in the next few months.

How do you discuss roadmap?

A roadmap is a strategic plan that defines a goal or desired outcome and includes the major steps or milestones needed to reach it. It also serves as a communication tool, a high-level document that helps articulate strategic thinking—the why—behind both the goal and the plan for getting there.

How do you communicate product strategy to users?

What You Need To Know Before You Share Anything

1. The Best Strategy Focuses On The Problem, Not The Solution.
2. Use Your Customer’s Insights For More Clarity.
3. Really Valuable Solutions Are Worth Paying For.
4. Having Qualitative And Quantitative Data Is Not Negotiable.
5. A Foundation Of Trust.
6. Keep It Simple.

What are the best techniques to create a product roadmap?

Define the strategy. Strategy is the “why” of what you will build.

Review and manage ideas. The best way to consider customer requests is to rank each one.

Define features and requirements. If strategy is the “why” then features are the “what” – the “how” is for your development team to determine.

Organize into releases.

Choose a view.

What is the point of creating a product roadmap?

Provide a reference point for key stakeholders to keep track of important development milestones;

Include a clear articulation of key business goals and objectives;

Align engineering/product teams with the rest of the company,helping everyone to work together more efficiently.

How to create a product roadmap?

Add a bar for each task or activity. Start by laying out the timeline of your from left to right,creating divisions by day,week,month,or quarter.

Group bars by team or initiative. Next,create some visual groupings within your tasks.

Stack bars by feature. Sequential tasks that are part of the same initiative should appear in the same row.

Sort bars by start date or priority. With your bars stacked,it’s up to you to sort them as needed.

What is an example of a product roadmap?

Single Product Roadmap Example. If you are responsible for one product,then your roadmap might look similar to the single product roadmap example above.

Multiple Product Roadmap Example.

Agile/Sprint Roadmap Example.

A Product Roadmap is a Hands-on Strategic Tool – not a Static Document – and Choosing the Right Roadmap Matters.