Management is about efficiency. The fundamentals of good management include the ability to allocate resources appropriately, evaluate tasks, stimulate a team, meet deadlines, and achieve profitability. A Product Manager has to take care of many things as part of his daily work routine:
- Create idea roadmaps and facilitate collaboration on them.
- Provide the development team with user stories to facilitate solutions and their application.
- Product strategy optimization and simplification through product roadmaps.
- Planning of the execution and timely release of the Product.
- Facilitate quality communication between the various verticals such as the CEO, engineers, sales and marketing team, clients, etc.
To make sure everything succeeds clearly and efficiently, as a product manager, you can turn to the various advanced tools to optimize tasks and product. There are hundreds of platforms available to simplify, manage, and optimize workflows. If you are not familiar with these software kits, you can check out our detailed overview of the best popular tools for successful product management.
What are product management tools?
Product management tools help teams address particular phases of the product life cycle. This can include activities such as:
- Product launch planning
- Software development planning
- Product analytics
- Or even product marketing
For example, a product roadmap tool helps you map out your vision for the product, outlining the features you’ll address along the way.
However, some product management software tools, such as a comprehensive project management tool, provide a central platform for everything related to product development and management.
This is important for a remote product team, as it makes sense to use a single virtual product management system that offers the appropriate functions.
What should you look for in product management tools?
Here are some of the essential features to look for in a product management tool:
- Brainstorming: Creating a new product requires innovative thinking. And no matter how crazy your idea is, the management tool should help you make sense of it.
- Task management: Whether it’s a kanban board or built-in task prioritization, the app should have comprehensive task management features.
- Templates – Your admin tool should include customizable templates to help you get started instantly
- Integrations – Sadly, there are very few product management tools that can meet all of your needs. That is why your management tool should be integrated with popular workplace software for maximum functionality.
Best Product Management Software in 2022
Here are the best product management software tools available:
Asana is a widely preferred product management tool and it comes packed with features that are essential for a product manager or her team. The main objective of this software is to facilitate the management of the Teams involved in the Product. Its free version offers functions that can accommodate up to 15 people.
Asana Free provides its users with task management interfaces, project creation pages, and a calendar. It also allows easy file attachment and seamless interaction between collaborators on the platform.
For more complex tasks and a larger workforce, companies can opt for the premium version of Asana, which specifically facilitates more nuanced and detailed task management. You can track project growth using diagrams and easily create project reports. You can create custom fields for each employee and organize your work in a well-defined chronological order.
When it comes to data protection, Asana is considered relatively secure. Personal data from the EU or Switzerland is collected, used and stored in accordance with the guidelines of the EU-US Privacy Shield. Or the Swiss-US Privacy Shield. Access to security features such as Google SSO or SAML is only available in paid editions. However, as with most SaaS / PaaS applications, Asana comes with a disclaimer and users themselves are responsible for the security of their data and the business.
Trello is one of the most widely used product management tools and it’s all due to its accessibility. This software does not require a download and can be managed directly online. You can access the platform from any device: desktop, laptops, Android phones, and even your iPhone.
Trello software is designed to make task management easy for both professionals and novice product managers. Offers easy-to-use interfaces with tables and maps. In fact, dashboards are the basic format for management and planning provided by Trello and can be changed as needed.
You can use each column to add work that is critical to the development of the current project. The principle of the cards is to list each task by inserting the description, the name of the person who will perform it, the attachments and others. You can even share the board with other people on your team. They will receive periodic task notifications.
Trello also has a paid version with other additional assets like optimized file size, improved data security, and more.
3. Atlassian Jira
JIRA by Atlassian is a very large and powerful application management application. The origin of Jira can be traced back to classic software development and bug tracking.
The product management system has been operating successfully on the market for more than 15 years. Thanks to this experience and its extensive functionality, JIRA is used by many Fortune companies: PepsiCo, CERN, LG, Electronic Arts and Thales.
Initially, Jira was a bug tracker, that is, a system for monitoring errors in program code. But many companies have embraced it as an effective product management tool. It is suitable for teams using Scrum and Kanban methodologies. Nowadays, mastering this tool is a basic condition to be hired as a Product Manager.
Jira also allows integration with other tools and provides advanced filters that can be customized. Developers love this software because it allows them to view project processes at the required scale. You can also extend its functionality with the help of plugins.
ProductBoard is a powerful platform that brings together materials to create more effective product development decisions. This tool is used to structure the results of qualitative research. It is ideal if you are looking to find patterns of user behavior and prioritize the functionality of the most popular products. If your computer suddenly lost focus, this tool will help you get it back. You can save time by not having to spend more resources building features your users don’t need.
ProdPad is a brilliant product management tool and can work wonders if you are trying to prioritize ideas within a business. Based on the topics of the roadmap, ProdPad will also help the team to stay focused. ProdPad is your go-to tool if you are inexperienced in product management. It allows any employee in the company to see what priorities the team has been assigned. This greatly reduces confusion and speeds up the product development process.
The service also provides features like requesting user feedback and linking to ideas in the backlog. This is an incredibly useful feature when you need to explain why the team is working on particular features or bugs. In the right hands, ProdPad can bring great value to the product team and the business as a whole.
Do you need product management software that can support your tasks? Try Roadmunk, a highly rated online software offered at $ 19.00 / month / user and rated 5/5 by product managers. This management tool helps you visualize your strategy and create a roadmap for your product. It allows the team to collaborate effectively in the management and planning of future product stages.
All you need to do is go to the Internet and your program will be accessible through Software as a Service or SaaS model. Once you are done, Roadmunk lets you take advantage of features like filters, support (phone, email, ticket, chat) and reports.
7. Zoho projects
This is another online management tool worth trying. Zoho Projects is managed remotely by browsing the Internet. However, its more powerful features are only offered to subscribers. As a paid service, Zoho Projects is a completely comprehensive platform ideal for managing complex projects. The platform enables easier task planning, monitoring and interaction between work teams.
Zoho Projects is a complete project management application. The success of a company is based on its organizational interfaces with its schedules and calendars. Regularly update company statistics by developing Gantt charts and reports. The biggest advantage is the very efficient collaboration interface provided by the exchange of comments on shared documents.
Basecamp is a complete business solution when it comes to powerful product management tools. It is among the best management tools on the market. There are now more than 8 million projects managed by the platform. It is a reliable and highly efficient management solution that automatically performs all tasks related to organizing a project.
Basecamp is suitable for both small and large teams. Due to the wide range of functions, some training with the platform is required to use it effectively. Basecamp is a powerful project management application. It also offers an application compatible with iOS, Android and Windows Phone. However, you will need to be prepared to pay sooner or later as you can only use Basecamp for 30 days for free.
Wrike is also a very popular and effective management tool for managing a product in any business. Once you have completed the registration process, you can use it for free. However, this version is limited to only 5 users. Wrike’s Product Management Tool works exclusively in the cloud. The online organizer has been specially designed to simplify project management for team leaders. It has many features to ease the burden of product management tasks.
Wrike’s project management platform offers to plan the tasks necessary for the development of the activity through an interactive calendar. The company can use this management tool to properly distribute tasks and save time. Tracking and reporting are done automatically, depending on the desired configuration.
As a management platform, Wrike’s interfaces are fully collaborative. Internal teams subscribed to the tool can also access the monitoring or comment on the data.
We hope this compilation will help you choose the right tool for your project management needs. Our company is specialized in project management. We provide world-class, technologically advanced project management solutions to scale your product to capacity and get incredible returns. Let us know more about you and your project management requirements here.
What is an example of product management?
Product management examples also include the branding and customer communication required to launch a new product. … Branding, advertising, launching, and marketing a product requires proper planning. A product manager needs to handle all the responsibilities.
What do software product managers do?
The software product manager leads and manages one or several products from the inception to the phase-out in order to create customer value and deliver measurable business benefits. … The product manager develops the product roadmap and is responsible for the entire value chain of a product throughout its life cycle.
What are the 3 major areas of product management?
Product management is typically divided into three parts: strategic product management, technical product management and Go-To-Market (product marketing), which is illustrated in the Open Product Management Workflow model.