Software Product development is challenging. There are various phases through which a product passes before it is launched. A roadmap helps to lay down the foundation and provide direction to the product owner and development teams about how to steer the product.
Without a roadmap, it is difficult to budget expenses, find resources, leverage technology and set a milestone or GTM strategy. Product roadmap enables product owner to seamlessly communicate the goals with the entire team. This is also useful for outsourced product engineering projects.
We have outlined 5 types of roadmaps that every product company should consider to bring agility with scale.