It can be executed either as a simple action sequence or using a timeline.
It is a plan to implement new functions in a product. That is a visual plan showing the company’s technology strategy and allowing decisions on the IT infrastructure necessary to meet business objectives. This type focuses on high-level initiatives and market conditions, providing insights on how the product development milestones relate to general business strategy.
For example, developers plan their work on new features, releases, and sprints while marketers and sales managers make everything necessary ready to launch a product or release its latest version.ĭepending on the audience the product is aimed at and based on its components and development purpose, we can distinguish the following types of product roadmaps: At the same time, team members can clearly benefit from this document. Get in touch The Most Common Types of Product Roadmaps with ExamplesĮach team uses a product roadmap for different purposes. It provides the opportunity to manage time and other resources efficiently.It allows the parties concerned to make quick and autonomous decisions.It promotes cross-functional collaboration and clarifies priorities.A product roadmap shows how certain functionality fits in the general project development picture.All concerned can understand what project stage the team goes through at a given moment (track the progress).The document shows scenarios planning, sets deadlines, and links them to objectives.It is a fast and convenient way to deliver this information to all parties concerned.You can clearly understand the development strategy or product evolution and its implementation process.This document provides several benefits as follows: Obviously, a development team also needs this document to clearly comprehend who will do certain things and why.Ī product roadmap’s aim is both to show a visual step-by-step representation of the product development process and convey this vision to all stakeholders. The document facilitates the planning of various additional works like marketing activities or staff expansion. With a product roadmap, business owners or stakeholders understand the development timing: when you plan to implement this or that functionality. It describes the vision of the project, helping you understand in which direction to proceed and telling you what you have to do to achieve the objectives. To start with, we will formulate a short and comprehensible definition for you to understand the meaning of this term.Ī product roadmap is a strategy document that visually represents the product development stages you plan to go through over time. What a Product Roadmap is and Why You Need One
#Visualize product roadmap how to#
We will also consider the main types and examples of roadmaps and give practical tips on how to build them. Let us take a closer look at what a product roadmap is and what its main features are. To achieve this insight, it is necessary to build an essential strategy document - a product roadmap. Under such circumstances, it is crucial for all parties involved in the development process to clearly understand the goals, know the stages, and have a vision of what the project should be. IT product development is quite a lengthy process, during which the market conditions shift, the development team regroups, requirements to the product change, and many other factors influence the initial idea.
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