An agile product roadmap is a valuable tool used to plan the phases of product development. It gives context to the work done by a product development team and responds to shifts that occur within the competitive landscape of the product. The roadmap categorizes requirements, prioritizes them and outlines a suitable timetable for their release. Below are helpful tips to guide product owners and development teams in the creation of an agile product roadmap
Identification of Product Requirements
Your initial steps of creating an agile product roadmap will involve the use of large and high-level requirements. Divide your requirements into two different levels: themes and features. Themes include high-level groups of features and requirements. On the other hand, features refer to high-level parts of the product.
Consider writing your requirements on big sticky notes or index cards at the theme and feature level. Use of such physical cards that can be moved from one category to another makes it easier for the product owner to organize and prioritize those requirements. The features of the product you identify form part of the product backlog. Essentially, your first requirement marks the start of your product backlog.
Arrange the agile product features
Work with your development team to group the identified requirements into themes. A stakeholder meeting works perfectly well in grouping your product requirements. Group the product features according to technical similarity, usage flow or your business need.
While grouping, consider how customers will use the product and the capability of your development team to identify technical dependencies or affinities. These will help you identify your themes, which are useful in grouping the product features.
Estimate and order the product features
It is necessary to estimate and order your requirements after arranging them into logical groups. Estimate a score representative of the value and effort of each product before ordering your requirements. Additionally, consider outlining all the dependencies related to your product.
The key step to ordering your requirements should involve scoring or estimating them based on value and effort. In order to score requirements, one has to work with the product owner and the development team. The product owner gets support from other stakeholders to determine the value of the requirement to the business and the customer. The development team is responsible for determining the effort required to create the requirement for the product.
Calculate the relative priority of your requirement after determining the value and effort scores. Relative priority determines the value relationship between two requirements. It is also useful in ordering requirements on the agile project roadmap. It is determined by dividing the value of the requirement with its effort. As a result, a requirement with a high value and low effort will yield a high relative priority and vice versa.
Lastly, consider determining a high-level period for releasing your product requirements. The time increment plan for your project should be logical in terms of days, weeks and months. Keep refining your metrics over time throughout the project Priorities keep changing and it is essential to update your agile project roadmap for at least two times each year.