We are frequently asked by our telecom customers to provide assistance on development of a product road map – or how do I develop a product roadmap?
Here is a high level summary of key steps.
To start you should aim to organise 1-2 days of time with your key stakeholders in order to focus on the roadmap development. Start by setting up a full 1 day workshop.
Following are the proposed steps and workshop deliverables:
Item / Step | Participants | Deliverable |
1. Review of product portfolio structure, all the products and all the product owners. | Full product management team, managers and staff (1-2 hours) | Products portfolio structure and all agreed products aligned with financial GLs view. |
2. Workshop with product team to agree on projects and priorities. | Full product management team, managers and staff (2-4 hours) | List of projects to be listed on the product roadmap. For project prioritisation use a multi-factor matrix to cover considerations such as strategic alignment to business goals, financial returns and ability to execute the project. |
3. Meetings with engineering, Ops and IT to confirm impact on BUs so that roadmap planned timelines can be confirmed. | Full product management team, IT, Engineering and Operations (Approx 2-4 hours) | Agreed list of projects to be listed on the product roadmap including project delivery timelines. |
4. Document the product roadmap into a single product roadmap file. | Head of product management team (2+ hrs ) | Product roadmap file (see example below). |
This is an example of how the final product roadmap would look (this is an example of Australian NBN Co telecom product roadmap which is publicly available):