As a product manager, how frequently do you feel you need more clarification when choosing product management tools? The preponderance of product managers occasionally has this thought. Therefore, we have compiled a list of the best product management tools to ensure your team performs optimally. Creating a digital product for customers can take a lot of work. To construct a product from the ground up, you need a clear objective and a dependable team. However, you can only accomplish something with the appropriate tools. Choosing the appropriate product development tools is essential before starting your project. You and your team can accomplish goals more efficiently using product management software.
What’s Product Management Tool?
Product management tools are software apps that assist product management teams in managing the various phases of the product lifecycle. This includes designing, developing, and releasing the product. A product manager uses these tools for various purposes, including prototyping, customer journey mapping, road mapping, data analysis, etc. In addition, product management tools are advantageous for distributed product management teams. These tools can be a central hub for developing and managing their products.
Product Management Software Functions
Product managers frequently rely on product management tools to manage their daily tasks to remain focused on their goals. We live in a time when revolutionary products are introduced to the market every minute. Most of these products aim to address product management teams’ existing problems and simplify their tasks. Almost every product introduced to the market allows the product manager to demonstrate their skills. As a result, product development tools assure the delivery of products without interruption. The following are some of the most prominent features of product management software.
- Helping with prototyping.
- Researches customer needs.
- Manages surges.
- Analyzes product data.
- Specifies product roadmaps.
- The function generates user journey maps.
- Aids in mapping business processes.
- Manages product release management.
Check out the advantages of product management software next.
Product Management Software Benefits
Product managers significantly rely on product management tools to maximize their effectiveness. In addition to conserving time, product management software offers several additional benefits. Here are a few ways that these tools can assist product management teams.
Improves Scalability
using a product management tool increases the scalability of a business. They contribute to a company’s growth by making introducing and managing new products easier.
Increases Product Content Control
A company’s products can be hassle-free and managed using product management software. These tools enable product management teams to track and manage sales-related web content readily.
Boosts Customer Loyalty
Product management tools enhance the user experience by supplying enhanced resources to customers. Customers develop brand loyalty as a result.
Decreases Working Costs
As a result of these tools reducing the allotted time for each assignment, working expenses are reduced.
Product Management Software Key Features
On the market today, you can choose from a vast array of product management tools. The best product management software for modern apps has some essential features in common, even though they differ in many ways. When choosing a product management tool for a business, ensuring it has the following features is important.
- The tool must have a comprehensive feature set for assignment administration.
- Developing a brand-new product for your customers is a difficult undertaking. Creating something distinctive requires imagination. Thus, product management software should be able to match this level of originality, despite its out-of-the-box nature.
- To create a new product, the software must include simple, programmable templates whenever you have an idea.
It isn’t easy to locate a product management tool that meets all your requirements. A product administration tool must include an integration feature with office software to be effective. Now, let’s examine some of the available product management software for modern apps.
Best Product Management Software
As we curated, the best Product Management Software is listed below.
1. Productfolio
Productfolio’s features include data export, API, bulk permissions, data visualization, external integrations, Gantt charts, task scheduling/tracking, inventory tracking, prioritization, and support for multiple users. Productfolio’s premium plan begins at $10/editor/month and includes a 14-day free trial. If you are starting in business, you can also use Productfolio’s ‘Free Forever’ introductory bundle, which is free but has limited features.
2. monday.com
The UI is simple and clutter-free, making navigation easier. Teams can customize their accounts to their requirements and discover the features they desire. In addition to providing round-the-clock support, Monday.com offers knowledge-based articles to aid teams. Currently, the base plan on Monday.com begins at $8/seat/month. There’s a 14-day free trial available before the plan purchase. In addition, they provide a free plan that permits two users.
3. Dragonboat
Using this tool, you can efficiently prioritize features, centralize feedback, identify stakeholders, and complete time-consuming tasks. Project managers can establish OKRs and track the direct return on investment for the latest product features and revisions as a component of effective time management. The Dragonboat plan currently begins at $39 per user per month. You can experience a free demo to understand what Dragonboat is about. Dragonboat also offers a free version for individuals and startups. For additional information, please contact their customer service representatives.
4. Asana
In addition, it includes integrations with Google Drive, Adobe Creative Cloud, Slack, Salesforce, Microsoft, and Harvest, among others. In addition, Asana’s road mapping, attachment, and communication features allow team members to collaborate more effectively. Now, Asana offers a free plan for teams with up to 15 members. This free version is suitable for individuals and startups. After your 30-day free trial expires, you can choose from one of Asana’s paid plans starting at $10.99 per user per month if your organization expands.
5. ProductBoard
In addition, due to its clear interface, it offers an exceptional user experience. By using ProductBoard, clients can more effectively communicate their desires, thereby influencing the production of the products. The production team is aware of every aspect of the production process. As a consequence, they can easily determine their next course of action.ProductBoard programs begin at $20 per maker per month, or you can sample it for 15 days for free.
6. Airfocus
Its features include road mapping, prioritization, modularity, a portal, feedback, and other insights. Airfocus integrates with various tools, including Trello, Jira, Asana, Azure DevOps, Shortcut, Microsoft Planner, Zapier, Github, etc. Its user interface’s simplicity is an advantage. Choose from a variety of premium plans starting at $19/editor/month to get started with Airfocus. No free or freemium programs are available. However, if you are apprehensive about purchasing Airfocus, you can test it for free for 14 days before making a purchase decision.
7. Wrike
Wrike is an excellent option for your product management requirements. It facilitates productive collaboration and simplifies work processes. As a result of Wrike’s unified collaboration space, team members can collaborate easily. Despite its simple, user-friendly interface, it offers many robust features. This tool’s main features include milestone tracking, work intelligence, analytical dashboards, Gantt Charts, Kanban Boards, Agile software development, and time and expense tracking.
Wrike’s ability to inform teams and individuals of all project activities is vital. All users are alerted whenever an update or notification is issued. In addition, Wrike has a ‘MyWork’ view that displays task information, an interface that enables filtering task lists, a calendar, etc. Well, in the current iteration of Wrike, a free two-week trial is available. In addition to its free plan, it offers premium programs for expanding teams starting at $9.80 per user per month. However, teams just starting can use its free plan.
8. Miro
Find the appropriate product management software and perform various tasks, such as collecting product requirements, diagramming a process, conducting a team meeting, and wireframing a feature. Use Miro’s collection of product management templates to create product marketing strategies, roadmaps, and consumer journeys, among other things. Miro supports various communication methods to accommodate all project management teams (such as Post-it notes, charts, diagrams, and videos).
Miro is a collaborative online blackboard with over one thousand templates, including mind maps, Kanban boards, Gantt charts, product wireframes, research boards, and flowcharts. Obtain up to three boards, more than 300 framework templates, and online collaboration with an indefinitely free trial. Miro’s starting monthly fee is $8 if you want more boards.
9. Teamwork
Teamwork assists in managing modern apps and expedites the creation and delivery of projects to clients on time. Team members can readily access the platform from their computers or mobile devices in order to complete their day-to-day tasks. Its interesting features include resource management, time tracking, Gantt Charts, Kanban Boards, portfolios, milestones, task list templates, tasks and subtasks, custom fields, project profitability, and integration.
Teamwork is an excellent method for efficiently and effectively managing projects. The intuitive UI makes it simple for teams to discover their needs. Teamwork offers a free 30-day trial with no credit card required. If you like it, the paid plan begins at $9.99 per monthly user. In addition, there’s a ‘Free Forever’ plan with limited features for project management novices.
10. ProdPad
Product roadmaps are ideally suited for keeping your team members on track and in sync for effective product lifecycle management. The search and navigation features of ProdPad may not be as user-friendly as those of other options in the list. ProdPad, however, offers comprehensive planning and road mapping capabilities. In addition to task scheduling and tracking, it manages projects, customers, priorities, and ideas, among many other features that make project management easier.
ProdPad’s integration options include Jira, Trello, Slack, GitHub, Dropbox, and Azure DevOps. All of these features make ProdPad a versatile tool for road mapping. It offers a free 30-day trial, after which its paid programs can be purchased for $24 per user per month.
11. Harvestr
Harvestr is a user-centered road mapping tool designed for organizations that wish to create roadmaps based on consumer feedback. This platform facilitates collaboration between departments. Its primary features are product road mapping, app prioritization, notifications, feedback loops, and external integrations. Premium programs for Harvestr begin at $79 per user per month, which is a tad pricey. However, you can test it for free for 14 days. If you are hesitant to purchase this product management software, there is also a free plan with limited features. Ensure you use it before deciding whether it’s worthwhile.
12. Craft.io
Craft.io must be addressed when discussing product management software. The Craft.io is a reputable cloud-based software that can help product managers enhance the transparency and alignment of their companies. Craft.io makes it easier for project managers to customize workflow, track project progress, add fields, etc. It features an intuitive user interface, road mapping, a spec editor, capacity planning, strategic inputs, milestones, and feedback management.
Before deciding on a product management tool, product managers are strongly advised to check its integration feature. Otherwise, your productivity will be hindered. Craft.io integrates seamlessly with a variety of helpful tools to maximize functionality. Craft.io currently offers paid programs starting at $39 per user per month. No free or freemium programs are available, but 14-day trials are available without a credit card. You can upgrade to any premium plan after evaluating its free service.
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Conclusion:
With the best product management software, you no longer need to wait. Consult our article to determine which organizational solution best meets your requirements. These tools will make your product management tasks simpler.