A product plan, also known as a product roadmap, is a broad overview of the upcoming product, its timelines, budget, resources, tasks, and much more.
The product plan describes what the product team is set out to build, the reason for building the product, and by when the product is ready for launch. If the product is already launched, roadmaps are used as a way of listing out features and updates that will be rolling out in the future.
More than a to-do list, a product plan acts as a guide for product managers and all the stakeholders involved, keeping them in the loop with development and managing expectations.
It acts as a strategic tool, keeping you focused on your objectives and product timeline while at the same time, improves communication between stakeholders. Product plans are usually used by software companies and organizations that develop technological products.
Understanding the what and why of the product is the first step to designing a plan. When you clearly know what you need from a product, you are better able to explain it in your document, and as a result, better explain it to team members and stakeholders.
The next step in product planning is gathering requirements and documenting them. If you don’t know where to start, begin by collaborating with your sales and customer reps as they are the ones who interact with your target customer on a regular basis.
Once you know why you are building and what you need to build, the next step in product planning is to assign roles and responsibilities. You can include each person’s full name, position, department, and the part they will play in making the product a success.
The team working on the product should be made aware of all the challenges they could face in the future. They should also be equipped with the necessary resources and knowledge to navigate such challenges without getting off-track from their mission.
This template will primarily be useful to product managers. You can use the slides of this template in your current work. You can prepare a detailed plan and present the information to all interested parties. IT executives can use this template when preparing business processes for software development.
Startup executives can use this template when preparing for a meeting with investors. You can submit a detailed promotion plan for your new product. On the slides, you can indicate the deadlines for the completion of work, responsible employees, and the creation of the first prototype of the product.
Product Plan is a professional and modern template that contains five stylish and fully editable slides. You can change the type and size of the font, color and position of the infographic yourself. This template will be useful for project managers, product managers, startup leaders. Product Plan template will complement your old presentations and will be a worthy addition to your collection of professional presentations.