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How to create Product roadmap

A product roadmap provides an overview of a product's goals, timeline, features, and resources, indicating what the development team is building and the business objectives it aims to achieve. To create a roadmap, one must define the product strategy, gather requirements, and assign a broad timeframe to initiatives, while considering technology trends and market conditions. Best practices suggest avoiding hard deadlines and focusing on guidance for stakeholders and team communication.

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0% found this document useful (0 votes)
7 views3 pages

How to create Product roadmap

A product roadmap provides an overview of a product's goals, timeline, features, and resources, indicating what the development team is building and the business objectives it aims to achieve. To create a roadmap, one must define the product strategy, gather requirements, and assign a broad timeframe to initiatives, while considering technology trends and market conditions. Best practices suggest avoiding hard deadlines and focusing on guidance for stakeholders and team communication.

Uploaded by

dannyqaq1991
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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How to create Product roadmap

product roadmap gives a broad overview of all aspects of an upcoming


product: goals, timeline, features, resources, etc. The roadmap indicates what
a development team is building, the problem the technology or software will
solve, and the business goals the new product will achieve.

Board overview of all aspects:


Goals
Timeline
Features
Resources.
The problem that technology or software
Business goals that the new product will achieve
an effective roadmap will also serve as a project management tool in two main
ways:
1) it is a strategic tool where you can make forward-looking objectives and
rough timelines for your product,
2) it can improve communication by providing a place where multiple
stakeholders can weigh in on product goals and progress.

The product owner creates the roadmap and should take existing technology
trends, market conditions, engineering constraints, and the organization’s
value proposition into consideration.

How to Create a Product Roadmap


Step 1. Define your product strategy.
1. in order for your company to invest in your product’s development,
stakeholders need to know what business goals your product will
achieve.
2. They also expect you to answer questions such as: What customers will
use the product? and What problems will the product solve?
3. Additionally, you’ll want to include major product differentiators that
make this product stand out from other similar products already on the
market.

Step 2. Gather requirements.

Step 3. Assign a broad timeframe to your initiatives.


Many product owners agree. As long as you refrain from hard deadlines,
you’re not committing your team to promises that you might not be able to
deliver. Bear in mind that a key function of your product roadmap is providing
guidance. So, rather than indicating specific dates, many product managers
choose to plot initiatives at the monthly or quarterly level. Alternatively, you
can choose to omit dates completely.
Best Practices for Creating an Effective Product Roadmap

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