product-roadmap-development

Vocabulary Word

Definition

The term 'product roadmap development' is a strategic plan that lays out the future direction of a product. It's the process of creating this plan, involving decisions on what features to add and when to add them to the product.

Examples in Different Contexts

In product management, 'product roadmap development' serves as a guide for teams to follow, detailing what needs to be built and why. A product manager might discuss, 'The roadmap helps us prioritize features based on customer feedback and business objectives, providing a clear path for development.'

Practice Scenarios

Business

Scenario:

As we plan for the next fiscal year, it is important that we stay aligned with our strategic goals. Any thoughts on how to coordinate this?

Response:

Perhaps engaging in product roadmap development can help us stay focused and ensure everyone is moving in the same strategic direction.

Tech

Scenario:

To improve user experience, we need to prioritize certain features in our app. What would you suggest should be our approach?

Response:

I suggest we invest time in product roadmap development, so we can visualize all the features we need to develop and prioritize them according to user demand.