Recently we created an extensive Product Management template and wrote a comprehensive resource for product managers and SaaS business owners called The Ultimate Product Management Framework that contains all the knowledge and all the tools you may need for building awesome products.
The framework is based on our Product Management template so you don’t have to start from scratch. You can immediately start adding your own data and have the whole organization set up in a few hours - from strategy to execution.
In this article, we wanted to give you a quick summary of the framework and help you implement it in a few steps, but we definitely recommend reading the whole guide here.
How to load the template?
If you’re new to Infinity, first you'll need to create an account.
Once you create an account and choose product management in the onboarding process, you will notice the Product Management template in your dashboard. If that’s the case, just click to open it and you’re ready to start.
In all other cases, you can easily load this template by following these steps.
- Go to your Infinity dashboard.
- Click Create New Board button located after the last board in your workspace.
- In the next screen, name your board, choose Visible or Private and choose the team members you wish to join you in this board.
- Click Create Board.
- In the next screen, click Start with a Template and click Create.
- On the Templates page, choose the Product Management template and click Use This Template.
The template will be loaded in a couple of moments, and you’re all set.
What will you find in the template?
Once you enter the template, you will notice it’s packed with multiple folders, covering the product management process from strategy to execution.
When first starting to create a product, you should focus on these folders in a certain order, so here they are:
- Product Strategy - Covering the following aspects - Product Vision, Customer Personas, Product Positioning, Product Differentiation, Product Goals and Initiatives. Before you start creating the product, you need to make sure you’re building the ‘right product’ and product strategy makes sure you do.
- Roadmap - A product roadmap is a map of features and functionalities you’re planning to create to bring your product to life and reach your product goals.
- Backlog - Backlog is a list of tasks that will include features, bugs, improvements and more. You will need to regularly prioritize the backlog, and the highest priority tasks will go into the Sprint, while those that are planned for later should be put in the On Hold folder.
- On Hold - Here’s where you will keep your lowest priority tasks from the backlog. They should not be forgotten forever; instead, this folder should be revised from time to time.
- Sprint - A Scrum sprint is where the development work happens. It’s a one to four weeks time frame in which the Scrum/development team works on a predefined set of tasks.
- Archive - After each sprint, the tasks that are done should be moved to the Archive folder so you can do analysis and reporting and find them later if necessary.
Learn how to implement the whole framework and make the most of this template by reading the chapters below:
Chapter 1: Introduction to Product Management
Chapter 2: Product Strategy
- How to Define a Product Vision to Guide Your Team
- How to Define Your Target Market and Customer Persona
- Product Positioning - How Your Product Fits in the Market
- Product Differentiation - What's Your Competitive Edge
- How to Set Smart, Measurable Product Goals
- How to Set Actionable Product Initiatives
Chapter 3: Product Roadmap
- How to Get Ideas for Features?
- How to Prioritize the Right Features
- What Are User Stories and How to Write Them
Chapter 4: Product Backlog
- Types of Product Backlog Tasks
- Task Prioritization with MoSCoW Method
- Backlog Refinement, aka Backlog Grooming
Chapter 5: Scrum Sprint