What is a Product Roadmap?
A Product Roadmap is a strategic document that provides a high-level overview of the product’s future direction and development. It serves as a guide for aligning the product team with the overall vision, outlining key milestones, and detailing the goals and features that will be prioritized over time. Product roadmaps are essential for communicating the product strategy to stakeholders, ensuring everyone is on the same page regarding the product’s growth and evolution.
Product roadmaps typically cover short-term and long-term objectives, often broken down by quarters or sprints. They are living documents, meaning they can be adjusted based on changes in market conditions, user feedback, or new opportunities. This adaptability makes them a vital tool in the agile development process, where responding to change is crucial for maintaining product relevance and competitiveness.