When we are talking about a roadmap in the context of product management, we mean A shared source of truth that outlines the vision, direction, priorities, and progress of a product over time. It’s a plan of action that aligns the organization around short and long-term goals for the product or project and how they will be achieved.
It is an essential tool for product planning and serves as a communication channel between product management and other stakeholders. Product managers need to understand how to create a product roadmap and how to keep it updated, and keeping it updated with reality is the challenging part.
As Mike Tyson said: “Everyone Has a Plan Until They Get Punched in the Mouth.”
Or in other version (popular in the army) – “No plan survives first contact with the enemy.”
That’s why we must invest in keeping it as close as possible to the changing reality.