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Project Roadmap
Project Roadmap – As an essential part of planned planning, project managers need to visually communicate the ambitions and key milestones of a project. That’s where project roadmaps come in handy. They benefit the stakeholders know the projects’ goals, targets, allocated resources, and expected deliverables. All plotted out on a timeline.
What are our Project Roadmap?
A project roadmaps serves as a simple, easy-to-follow source of truth for critical stakeholders to visualize the project from a strategic standpoint and make critical decisions without sifting through the minutiae. Roadmaps in project management offer a clearly defined breakdown of,
how to work developments at any given time
how the allocated incomes are being utilized and
general, whether the project is on track to hit its strategic goals and SMART project objectives within the allotted time frame.
What are the critical elements in Project Roadmap?
If you’re building project roadmaps, what should be in them? And, what shouldn’t? How deep should your data go? How far must you keep things to prevent it from becoming another project outline? In core, what will project stakeholders be looking for, and how best can you offer it?
1. Objectives
You need to outline the project’s key objectives to ascertain whether they’re being achieved on time and within budget. It answers some questions like:
What are our targets for this project?
Are we reaching them?
And how fast are we achieving them?
Are we on track to complete them all by the time this project’s timeframe elapses?
Essentially, the project roadmaps plot all the targets, resources, deliverables, etc., associated with the project and plans them across the project timeline so that it’s easy to see what’s happening and whether it’s on schedule at a glance.
2. Milestones
What achievements tell us this project is advancing towards completion?
A project milestone is simply an achievement that indicates a level has been reaching within a project. In that light, milestone chasing offers a unique way of measuring project progress by inspection of the outlined completion heights the project has achieved.
3. Deliverables
What tangible results do we intend on generating from this project?
Project deliverables are the material results planned to be derived from a project within the allotted time frame the project lasts. With a view on deliverables, stakeholders viewing project roadmaps can quickly and easily measure project progress.
4. Resource Management
How many personnel and resources are currently assigned to this project?
A total of the resources allocated to a project types it easy to measure their impact and decide whether to increase or decrease allocated resources, depending on how well they’re doing and how fast the project is hitting objectives.
5. Project Timeline
How long is this project running for?
The project timeline pursues to put the project’s progress into context by tracking how long it’s estimated to take. By looking at the targets, deliverables, and milestones, stakeholders can check to see if they’ve been achieved on target and accurately visualize whether a project is on track or at risk.
6. Possible Risks
What could hold us back from hitting our targets?
The roadmaps should also contain the potential obstacles or project risks that may come in the way of successful completion.
