Near-Term Product Planning Task
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A Near-Term Product Planning Task is a planning task for an organizational product.
- Context:
- Task Output: a Product Plan.
- It can (typically) include Product Analysis.
- …
- Example(s):
- Counter-Example(s):
- See: Product Marketing, Product Strategy.
References
2023
- GBard
- Here are some best practices for Product Planning Tasks:
- Start with a clear product vision and goals. What is the product trying to achieve? Who is the target customer? What are the product's key features and benefits?
- Conduct thorough market and customer research. This will help product managers to understand the needs of their target customers and the competitive landscape.
- Prioritize features and requirements. Not all features are created equal. Some features are more important to customers and to the product's success than others. Product managers should prioritize features and requirements accordingly.
- Create a realistic product roadmap. The product roadmap should outline the key milestones in the product development process and the timelines for achieving them.
- Be flexible and adaptable. Things don't always go according to plan. Product managers should be prepared to adjust their Product Planning Tasks as needed.
- Product planning activities:
- Defining the product vision and goals: Sets the direction for product planning.
- Conducting market research: Provides insights to inform product planning decisions.
- Identifying target customers: Specifies the focus of product planning efforts.
- Analyzing the competitive landscape: Identifies opportunities and threats to inform product planning decisions.
- Developing product features and requirements: Defines the product's functionality and meets the needs of target customers.
- Creating a product roadmap: Specifies the sequence and timing of product development activities.
- Budgeting for product development and launch: Allocates resources to support product planning and execution.
- Executing the product plan: Implements the product planning strategy.
- Monitoring and evaluating product performance: Tracks progress against product planning goals and identifies areas for improvement.
- Here are some best practices for Product Planning Tasks: