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Dear Friends, Important factor in success is "Road-mapping" . What exactly Road-mapping is? A technology roadmap is a plan that matches short-term and long-term goals with specific technology solutions to help meet those goals. It is a plan that applies to a new product or process, or to an emerging technology. Developing a roadmap has three major uses.[3] It helps reach a consensus about a set of needs and the technologies required to satisfy those needs; it provides a mechanism to help forecast technology developments and it provides a framework to help plan and coordinate technology developments. Let us discuss further details. Thanks
A roadmap is a plan to reach a certain goal or complete a project. The roadmpa contains a high level view of what needs to be done, how it will be done and when it will be done. The best way to present a roadmap is to group important milestones in a date, provide a architechture diagram, organizational chart, etc.
Road Map is the route to destination, a plan, a guide, a summary and a synopsis ................What needs to be done, how , when , who will do, with time table .
Benefits :
a) Definite Plan in hand.
b) Time , cost and efforts ---Known.
c) Road map will help to identify :: Who will do which activity.
d) RM will provide Inputs for Roles and Responsibilities.
e) Task and milestones are chalked out clearly.
I echo with the answer of Mohammad Shaikh. Roadmap is a plan to achieve a certain goal. An IT company's roadmap for a fiscal year contains, a set of projects alongwith the high level estimations that are planned to achieve strategic goals of that fiscal year. Usually roadmaps are created at the start of a fiscal year or while planning a release cycle.
Roadmap for IT, Business, Finance & real life is very important.
Actually Road-mapping is a new introduced term (originally from politics). It is directly related to the strategic planning.
A strategic plan is actually defining where are you standing (A), where you going to with a period of time (B) and finally how to do it, and that is the Road-Map.
An action plan leading to the goal/objective.
It is the most vital stuff for all success. Even we have to draw our future roadmap.
It is very important for getting right ROI & success in projects.