A Roadmap is a strategic tool used in business planning that outlines a specific project’s immediate and future objectives, incorporating a flexible projected timeline. For a developing product or a new venture, the roadmap must clearly express the project’s objectives and vision while also detailing the development milestones and a general time estimate for reaching these milestones.
Inside the organization, the roadmap is a strategic blueprint guiding the development team and setting clear objectives and benchmarks for delivering a finished product. It also assigns importance to certain tasks based on the planned structure of the final product. For investors, the roadmap offers a glimpse into the project’s direction and vision while also gauging the speed and success of the product’s development.
Typically, the roadmap is depicted in a streamlined format as a flow chart, featuring development objectives in boxes with approximate completion timelines. This illustrates the different phases of substantial development and key product milestones.
Milestones in a roadmap may include the launch of a testnet or the deployment of a mainnet.