What makes a good product roadmap?

What makes a good product roadmap? An effective product roadmap will do more than ‘tell:’ it will also present a simple, realistic visual representation of your vision and how it is tied to company’s goals. Additionally, your roadmap should be easy to understand and persuasive.30 Sept 2016

How do you define 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 does a good roadmap look like? A vast majority of roadmaps miss the why behind what they are building and just focus on features — they are disconnected from the product strategy and have no clear goals or themes. Instead, excellent roadmaps should be a product of collaboration and include the input of many stakeholders and cross-functional teams.

Who is responsible for product roadmap? 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.

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What makes a good product roadmap? – Related Questions

What are some common pitfalls of making a product roadmap?

A detailed roadmap has several drawbacks: It makes it hard to understand how you want to progress your product; it makes it more difficult to achieve agreement with the stakeholders; it is more prone to change; it carries the risk of turning the roadmap into a tactical tool that competes with the product backlog; and

What is a good roadmap?

An effective product roadmap will do more than ‘tell:’ it will also present a simple, realistic visual representation of your vision and how it is tied to company’s goals. Additionally, your roadmap should be easy to understand and persuasive.

Why is product roadmap important?

A product roadmap helps manage and align stakeholder expectations, and clearly defines areas of focus for the short- and long-term. You can think of it like a very high-level draft project plan. The roadmap is the best tool to communicate the product vision clearly and concisely. It is a Product Owner’s best friend.

What is product vision and roadmap?

In other words, vision is your view of the future. Strategy explains the approach you will take to realize that future state. And a roadmap is the more tactical plan for what you will do to get there (and when you will arrive), informed by the vision and strategy.

Is there sufficient and correct information on your roadmap?

There is little consensus on the correct way to structure product roadmaps. Because ultimately your goal in developing a product roadmap is to create a document that can help you better communicate your strategy to the various constituencies whose help you’ll need to bring your product successfully to market.

Can a product roadmap change?

#1: Update Your Product Roadmap Frequently

When strategy changes, product roadmaps need to reflect this. Successful product managers review and update their roadmaps often. More than two-thirds of product managers said they update their product roadmaps at least once a month.

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Does the product owner own the roadmap?

Who Owns the Product Roadmap? As the product roadmap captures decisions about the product’s futures, the individual responsible for the product success should own the roadmap. In an agile context, the product owner should hence manage the product roadmap.

What is the purpose of a 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.

What is a bad roadmap?

A bad product roadmap is disorganized and misaligned with your company’s vision. Let’s say you want to build a Freemium model for your SaaS, but you didn’t develop this idea when building your product roadmap.

What is not a roadmap?

Simple enough question. Most product managers would say that a product roadmap lays out the future. This is not a roadmap. This is a collection of feature stuff — no strategic theme, impossible to understand how the work ties into the company’s goals.

Why are product roadmaps bad?

Product roadmaps are dangerous, even if they’re only shared internally. They often put you on the wrong path. When you let a product roadmap guide you, you let the past drive the future. The future should drive the future.

How often should product roadmap planning be done?

You should therefore regularly review and update your product roadmap—between every four weeks to every three months depending on how young your product and how dynamic the market is.

What is a roadmap in it technology?

A technology roadmap is a document or guide that outlines an organization’s technology initiatives, products, services and strategies. It details the technology your business is already using, what you will need to implement in the future, how to avoid risks and costly mistakes and how to upgrade outdated technologies.

What is the difference between a roadmap and a timeline?

A Roadmap vs Timeline comparison chart. Just remember that a product roadmap gives you the macro view of product development, while a product timeline ensures a timely project via Gantt chart visualization. And both roadmap and timeline are necessary for product development — from concept creation to product delivery.

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What is the difference between product strategy and product roadmap?

While the product strategy outlines a desired future state the product roadmap articulates the necessary tactical steps to take to achieve the vision. In the short term, it’s a record of planned releases and may extend two to four release cycles into the future.

What is product vision and strategy?

In terms of product teams, the product vision describes where we ultimately want to go; the product strategy helps us decide what problems to solve in order to get to our vision; product discovery helps us figure out the tactics that can actually solve the problems; and product delivery builds that solution so we can

What is the difference between pipeline and roadmap?

Traditional product roadmaps are usually updated by a select few and visible only to the ‘decision-makers’. On the other hand, our product pipeline is open and transparent to everyone in our organization. It is kept up to date in real time, and is an accurate reflection of our ability to execute.

What is a customer facing roadmap?

A customer-facing roadmap is not developed for the cross-functional product team itself. It is intended for the people likely to be interested in buying the product when it hits the market. For this reason, product managers view these roadmaps as a way to engage with their user persona.

Who prioritizes backlog?

All entries are prioritized and the Scrum Product Backlog is ordered. The Scrum Product Owner with the help of the Scrum Team does the prioritization. Added Value, Costs and Risks are the most common factors for prioritization. With this prioritization the Scrum Product Owner decides what should be done next.

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