A project roadmap Excel template is a basic graphical illustration of project progress and status. It outlines the work to be done, sequence, milestones, scope and dates. It also describes the objectives, timelines and risks associated with the project.
By using this template, you can improve your project planning and organization by tracking and scheduling milestones and on-time deliverables.
In the project management toolkit, this management tool is highly recommended and used by stakeholders and project managers in an effective process management system. It provides information and advice on how the project should be carried out. A project schedule will help a team stay on track and focus on key tasks in a timely manner.
What is the project roadmap?
A project roadmap provides essential information for everyone involved in the project. It keeps team members on track, gives project managers an easy-to-read overview of progress, and helps engage stakeholders. It can be easily produced, edited and distributed.
Project managers are required to manage multiple processes; therefore, the project schedule excel template for the project manager is now ready; which covers all aspects of planning and ensures the most difficult and important projects are completed on time.
Probably, the distribution of tasks in your project team and then the follow-up is also possible thanks to this Excel spreadsheet; and at any time changes in schedules and plans can make.
Check some project risk management plans before starting any new project.
Features of Excel Project Roadmap Template
Get a professionally designed Excel workbook for project management now and here are some promising benefits of this template:
The entire project management and monitoring process is simplified thanks to this model.
Financial management and project budgets, as well as project earned value, all important features, are part of this model; therefore, if a project goes over budget, it can track instantly.
Inventory management is possible through this excel sheet, and hence holding costs can be reduced.
Some areas needing immediate attention can be seen through this template and production is diverted to it.
It is easy to share within the team and therefore better communication.
Whenever a change is made, it should be clear to everyone on the team and this is possible with this template.
Project managers can now properly focus on planning and production; rather than worrying about any confusion in the project team.
Importance of the Project Management Roadmap Timeline
A project management system (PMS) must be used correctly in order to generate an efficient and accurate roadmap. A complete plan and a detailed description of the project should be presented in the roadmap, in order to make it more understandable for project stakeholders.
- The project roadmap should be developed with all the necessary details so that the team can easily understand the project’s goals, schedule, and important deadlines.
- It must be clear and complete, without forgetting any important details. The roadmap should include a summary and timeline for each major milestone.
- It is recommended that the project team provide a summary to all stakeholders before publishing the roadmap.
How to create a project roadmap?
After knowing the importance and objectives of the roadmap below, you will find the complete guide to create a project roadmap.
This procedure involves three steps:
- Organize a project kick-off meeting.
- Collect the necessary information about the project.
- Create a roadmap timeline.
Organize a project kick-off meeting
The purpose of the project kick-off meeting is an introduction between the team members, stakeholders and partners who will be working together. This meeting helps them better understand the project purpose, baseline, mission, objectives, project work plan, strategic plan, delivery process, reporting methods and context.
In this meeting, a FAQ session can also be managed for members.
Gather project information
This step involves collecting some essential information such as project mission, goal, tasks, objectives, results, deliverables, project milestones, resource management planning team members, SWOT analysis, risk factors, etc.
- Project objectives and deliverables this helps define the deliverables of our project task list.
- Set milestones helps project team members complete their daily tasks on time to achieve milestones.
- Team members and resources helps keep resources (human and material) available according to a project schedule.
- Risk management maintains the project schedule or budget.
Creation of the project roadmap
In this last step, we create a roadmap using project management tools like the Gantt chart or the project timeline.
