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product roadmap

1. Vision and Strategy

Define the product vision and mission.

Align the product vision with the overall business strategy.

Identify target market and user personas.

2. Stakeholder Engagement

Identify key stakeholders (executives, team members, customers).

Conduct stakeholder interviews to gather insights and expectations.

Regularly communicate updates and gather feedback from stakeholders.

3. Market Research

Analyze market trends and competitive landscape.

Gather user feedback and insights through surveys and interviews.

Identify pain points and opportunities in the market.

4. Feature Prioritization

List potential features and enhancements.

Use prioritization frameworks (e.g., MoSCoW, RICE) for evaluation.

Assess technical feasibility and resource requirements for each feature.

5. Roadmap Development

Create a visual representation of the product roadmap.

Define timelines for feature releases and milestones.

Ensure alignment with development cycles and resource availability.

6. Implementation Planning

Collaborate with development teams to estimate effort and timelines.

Identify dependencies and risks associated with feature development.

Develop a clear communication plan for the implementation phase.

7. Performance Metrics

Define key performance indicators (KPIs) to measure success.

Establish a feedback loop for continuous improvement.

Set up mechanisms for tracking progress against the roadmap.

8. Review and Adaptation

Schedule regular roadmap review meetings with stakeholders.

Adjust the roadmap based on feedback, market changes, or new insights.

Ensure the roadmap remains a living document that evolves with the product and market.

9. Communication and Documentation

Document the roadmap in a clear and accessible format.

Share the roadmap with all relevant teams and stakeholders.

Maintain transparency and open lines of communication regarding changes.

10. Launch and Post-Launch Evaluation

Plan for product launch activities and marketing efforts.

Gather user feedback post-launch to assess satisfaction and performance.

Conduct a retrospective analysis to identify lessons learned and areas for improvement.

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