This product management timeline template will simplify your life. A product manager's responsibilities include analyzing market conditions, developing strategic product roadmaps, and defining features, to name a few. You want to ensure that everyone in your company understands where the product is going and why. On the other hand, keeping these artifacts up to date means you could spend countless hours creating spreadsheets and presentations to help colleagues understand and implement your strategy. Business plans play an important role in decision-making. You can educate teammates on all aspects of your business model, including marketing strategy, customer challenges, ideal buyer profile, and product value.