Save money and time by using these seven tools designed to make the entire product development process more efficient and effective.
Business model canvas
What is it?
As a design-thinking tool for testing new business ideas, monitoring project progress and risks, and managing multiple business models, a business model canvas lets you and your teamwork virtually together on your company’s business model.
Why does it matter?
Your product vision relies heavily on your business model. Workspace decentralization makes it even more important to collaborate digitally, without missing a beat, and easily adapt and grow your model along the way on this important foundational piece.
Effort/impact matrix
What is it?
Using an impact/effort matrix, teams can more quickly and easily align their efforts, set priorities, and make decisions.
Why does it matter?
Using the impact/effort matrix, your team will be able to make better time allocation decisions and avoid wasting valuable resources such as manpower or money.
Product roadmap
What is it?
A product roadmap serves as a road map for your team, showing where they should go next in terms of development and scaling after launch.
Why does it matter?
A product roadmap, which is based on an in-depth understanding of customer needs, can help you keep your projects on track and on track with their core goals. For example, you may want to make some aspects of your product roadmap public so that customers can build and maintain trust and excitement about future releases.
Customer journey map
What is it?
A customer’s journey outlines the steps necessary to get them from their initial contact with your company or product to the accomplishment of the goal that brought them to you in the first place.
Why does it matter?
Your customers’ interactions with you and/or your product can reveal valuable information, such as which of their pain points are opportunities for you to create an even better user experience that will keep them coming back to your product.
Product requirements prioritization document
What is it?
In order to ensure that all of your product’s requirements are in sync with each other, you need a single place to store them all.
Why does it matter?
In addition to the design and development of the product, this documentation can help your teams understand how to market, promote, and scale the product as well. As part of the design validation process, you’ll use this document to ensure that your product meets the stated operational requirements.
Functional requirements document
What is it?
Your design and engineering teams will need a functional requirements document to share technical specifications for the product’s construction. Information such as system configurations, error reporting procedures, and use cases are often included.
Why does it matter?
In order to ensure that the final product is built in accordance with the designed experience and strategy, functional requirements serve as the language and vehicle for design-development handoff.