The Product
Mgmt Software Challenge.
Product managers in high-tech companies are overwhelmed by features, ideas
and product requirements from inside and outside their company. In
enterprises where product managers are considered business-critical, these
managers face tremendous pressure to develop increasingly more complex
products out faster and better targeted to market needs. However, product
managers often lack the product mgmt software tools and skill sets to work
faster and better. Many product managers create their own product mgmt
software database or spreadsheet to keep track of the requests. Some use a
paper system – others use email, calendars, instant messaging, client
extranets, and excel spreadsheets. Information-sharing and collaboration is
difficult, miscommunication is common.
The Product Mgmt Software Solution.
Featureplan - A single product mgmt software tool that captures market
feedback and tracks it through the entire product mgmt process.
Featureplan Product Mgmt Software Delivers:
A repeatable process for product planning, based on the Pragmatic Marketing Framework
Collaboration between product managers and other departments
Streamlined collection and usability of market intelligence
Simplified tracking and mgmt of market requirements
Facilitated data exchange
From
collaboration software to an online release product planning tool,
Featureplan product mgmt software solutions let you manage all kinds of
projects within your organization. Use Featureplan product mgmt software
applications to gather, input, organize, prioritize, share and report on of
volumes of data. All aspects of market intelligence are tracked through the
product mgmt process.
Featureplan Product Mgmt Software helps resolve these common Product Mgmt
challenges:
Ability to generate last minute reports for mgmt
Consolidate all relevant product mgmt data into a central repository
Defining an intuitive process for identifying product requirements
Ensuring products are on time and meet market needs
Ability to validate product and market direction before resource and budget commitment
Ability to sift through product mgmt information to get to the ‘gold’
Ability to produce factual information to support market direction
Keep customers aware of the status of their enhancement requests as it progresses towards a release
Ability to keep track of and analyze competitor’s products
Product Mgmt Software Tools Allow Work in a Collaborative Environment.
Featureplan is based on a client/server model providing Product Managers and other Collaborators within your organization with a repeatable Product Mgmt process. All information from the gathering of market inputs, to the building of market driven requirements for a given product release can be kept in a centralized product mgmt software location and accessed by Product Managers and Collaborators alike.
Featureplan product mgmt software makes Product Mgmt a joint effort.
Product Mgmt Software Solutions Support a Repeatable Process.
Based on industry best practices, Featureplan provides Product Managers with a repeatable process that makes it possible to streamline duplicate efforts and reduce the paperwork. With the use of templates, Featureplan provides everyone with a similar data structure, making this information reusable cross-product.
Communicate Information.
Keeping everyone up-to-date with the latest information is often a daunting task. Featureplan product mgmt software facilitates the communication of information both within your organization and with your customers. As new records are entered into Featureplan, existing records are modified, or specifications and estimates for a requirement are requested from development, notification of these activities is listed in the Featureplan ‘inbox.’ The Notes section of a record allows for reminders to be left to oneself or can be used as a means of communicating with other users with appropriate permission sets, while the history logs all of the activities performed on the record.
Incorporate Existing Product Mgmt Software Data.
Due to the historical lack of product mgmt software tools to help Product Managers manage their data, many have resorted to storing requirements information in spreadsheets, among other product mgmt tools that were designed for different purposes. As long as this information can be exported as a CSV file, it can be imported into the Featureplan product mgmt software application. The fields can then be mapped within Featureplan, the mappings can be saved as can the external ID for the record.
Extract the Product Mgmt Facts.
One of the greatest values Featureplan product mgmt software program provides outside of a repeatable process is the ability to get information out quickly. Reporting on product information stored across different applications and formats becomes a very time consuming manual process, which needs to be repeated each time reports such as expense reduction or marketing budget reports are required. With the extensive reporting capabilities of Featureplan’s product mgmt software, all of the data stored within Featureplan becomes instantly available to you in an exportable format, reducing the time to produce a report, including the MRD, to minutes.