15 Best Product Management Tools of 2022

Updated Aug 3, 2022.
Best Product Management Tools

Product management tools are a one-stop solution for all product managers. With remote working growing at a much faster rate than expected, it is essential to have a tool that helps you gather product insight and review the progress roadmap while keeping a tab on their due dates. 

When working on a simple product, you can easily manage it with a straightforward checklist. However, when a complex product is assigned to your organization, you need to break it down into multiple projects and track all of them simultaneously. Product management tools help you complete your client requirements while managing the budget and time.

Best Product Management Tools

The best product management tool allows you to manage your data efficiently and maintain your product roadmap effectively. 

Here are the top 15 product management software that you can choose for your business.

1. Monday.com

Best Product Management Tool for Visual Roadmap Planning

Monday.com is the Best Product Management Tool for Visual Roadmap Planning

Monday.com allows you to manage all your products on a single dashboard seamlessly. Different teams are working on different sections during the product development process, making it hard for the manager to keep a tab on all of them. This product management tool allows you to see the status of all the tasks at once. 

This product management software allows you to view the product roadmap visually and plan it effectively. You can also share your progress with other product managers, stakeholders, and development teams, keeping everyone on the same page.

This intuitive and visual software offers different views to transform your data and view it the way you like. It allows you to use Gantt charts to see the progress of your product stage and Kanban boards to plan the development project effectively. 

Monday.com offers a lot of storage space to store all your product data in a centralized location. This data can be made accessible to everyone, thus improving their productivity. With instant collaboration tools, your team can discuss their ideas and share completed tasks on the same app. 

Pricing

Monday.com Pricing Plan

Monday.com has five plans – Individual, Basic, Standard, Pro, and Enterprise. 

  • The Individual plan allows you to add up to two members to your team. It also allows you to create unlimited boards to manage your product ideas.
  • The Basic plan offers 5GB of storage and allows you to share your product roadmap with an unlimited number of viewers. 
  • The Standard plan allows you to view your product roadmap either through timeline or Gantt chart modes. 
  • The Pro plan offers an in-built time tracking software for your team members, along with creating private boards and documents. You can store sensitive information, and these can be viewed only by the team members you invite.
  • The Enterprise plan offers premium support, along with advanced reporting and product analysis software.

With Monday.com, avail of their Free Forever plan and get access to unlimited boards and documents.

2. ClickUp

Cheapest Product Management System for Aligning Team Resources

ClickUp is the Cheapest Product Management System for Aligning Team Resources

ClickUp is an all-in-one product management platform that lets you map your product vision and share it with your team members. With more than ten customizable views, you can quickly bring your product vision to life and share it with everyone in your team.

The product management system allows you to brainstorm new ideas and features through mind maps. You can also schedule different developmental stages of your product through timeline or Gantt charts. With the help of the list dashboard, you can add all the extra details for your team members to view.

This application allows you to track and manage your bug backlog, all in one place. With the help of ClickUp docs, you can record test plans or cases and coordinate with your team members to prioritize the fixes.

ClickUp allows you to integrate with hundreds of third-party applications. You can use these apps for generating customer feedback loops and tracking the development process. With the help of customizable forms, you can easily collect feature requests from your potential customers. 

Pricing

ClickUp Pricing Plan

ClickUp has five plans – Free Forever, Unlimited, Business, Business Plus, and Enterprise. 

  • The Free Forever plan offers free product management tools and allows you to add unlimited members to your team. It also provides an in-built time tracking software.
  • The Unlimited plan offers you limitless storage, form views, and resource management options. 
  • The Business plan allows you to add unlimited teams to your product management tool, along with offering advanced workload management features.
  • The Business Plus plan allows you to control documents and give custom permissions to your team members.
  • The Enterprise plan allows your team to set default personal views and offers advanced security features. 

Try ClickUp for Free, and save 45% on their annual plans.

3. Wrike

Most Suitable Product Management Software for Accelerating Product Launches

Wrike is the Most Suitable Product Management Software for Accelerating Product Launches

Wrike is an advanced product management software that helps you balance your workloads, boost team productivity, and ensure a successful launch for every product you develop. With centralized product discussion, you can unite messaging across different departments and countries.

The product management tool allows you to maximize your team's productivity with the help of advanced resource management insights. With the help of these, you can improve resource planning and allocate tasks to the available members.

With the help of pre-built project templates, you can accelerate your product launches and simplify your journey. You can easily streamline your product launches by aligning your teams and preventing common delays. These pre-built templates allow you to create a product with features that your customers want. 

Wrike allows you to create your custom workflows and automate your day-to-day tasks. You can also use Gantt charts and Kanban boards to visualize your plans and select priorities for different tasks. 

Pricing

Wrike Pricing Plan

Wrike has four plans – Free, Professional, Business, and Enterprise. 

  • The Free plan allows you to add unlimited members to your team, along with offering interactive boards and spreadsheet views. 
  • The Professional plan offers shareable dashboards and interactive Gantt charts for efficient planning.
  • The Business plan allows you to create custom workflows and offers real-time reports along with resource management features.
  • The Enterprise plan offers 10GB of storage space to its users along with advanced security features. 

With Wrike, you can avail of their free 14-day trial and access their premium features.

4. Jira

Leading Product Management Tool for Agile Teams

Jira is the Leading Product Management Tool for Agile Teams

Jira is one of the leading product management tools for maximizing your team’s productivity. It offers a detailed collaborative roadmap document to share your strategy with your team members and stakeholders. It helps to get the work done faster and better.

The software offers a visual program board to track the progress of your product. It displays when the development team will deliver different product stages, thus helping to manage them effectively.

With the help of forecasting and simulation features, you can assess your risk and predict the possible outcomes of your decisions. It helps you make a better decision in the future in cases of uncertainty. It also allows you to manage your backlog.

Jira allows you to get a high-level, descriptive interpretation of major product development plans with the help of multi-tiered roadmaps. With one-page project tracking views, you can check the status of risks and task dependencies. 

Pricing

Jira Pricing Plan

Jira has two plans – Standard and Enterprise.

  • The Standard plan offers visual roadmaps, kanban boards, and dependency maps for collaborative planning and management.
  • The Enterprise plan offers standard and advanced reports, along with mind maps.

With Jira, you can access their 7-day free trial plan for both their standard and enterprise plan.

5. ProdPad

Affordable Product Management System for Idea Management

ProdPad is an Affordable Product Management System for Idea Management

Prodpad allows you to combine the features of objective-based road mapping along with comprehensive data. You can easily plan your strategy by discussing ideas with your team members. It helps you define your vision and plan with your team, letting them know what’s essential for the business. 

With the help of a lean and clean roadmap, the product management system would help strengthen your strategy. It points your team in the right direction. Prodpad has tools that help you sort your idea backlog and prioritize the next important task.

Prodpad allows you to pull ideas and data from your backlog, storing it in one centralized space. When developing product features, it helps you utilize everything from customer feedback to user experience. 

This product management software lets you place your customers and their feedback in the center of your product discussions. The feedback could be built into cases, referring back to their comments. Prodpad helps create a list of your customers, allowing you to contact them directly during the product testing stage. 

Pricing 

ProdPad Pricing Plan

Prodpad has three plans – Essential, Advanced, and Performance.

  • The Essential plan allows you to manage unlimited products and create descriptive roadmaps. You can set up to 3 admins or editors under this plan.
  • The Advanced plan allows you to create multiple feedback portals, set primary user access control, and create different company profiles. 
  • The Performance plan offers enhanced user access control along with product management permissions. You can add up to 50 admins per account under this plan. 

With Prodpad, you can access their 7-day free trial and make use of their advanced features. By completing new tasks in the software, you can also get 30 days for free. 

6. Productboard

Top Customer-Centric Product Management Software 

Productboard is the Top Customer Centric Product Management Software 

Productboard allows product managers and designers to understand their customer's feedback and the features they require in a product. It is one of the first customer-centric product management platforms. This comprehensive and flexible tool supports the needs of all organizations. 

This feature-rich platform allows you to store customer feedback in a central location, making it easier for your team to study trends and identify users' needs. It also allows you to prioritize the essential features.

The product management software allows you to create customizable product roadmaps. These roadmaps are based on feedback and tailored to different project needs. You can generate sprint boards to track feature dependencies, allowing you to mitigate tasks effectively.

Productboard lets you create a product portal where you can share both launched and planned products with your customers. This portal is open to feedback and ideas from your customers. 

Pricing

Productboard Pricing Plan

Productboard has four plans – Essential, Pro, Scale, and Enterprise. 

  • The Essential plan allows you to create customized roadmaps for your products and share them with your team and stakeholders. 
  • The Pro plan allows you to collect your customer's feedback and organize them into a central repository. This helps you connect feedback to feature planning and prioritization.
  • The Scale plan offers smart feature suggestions to process the client feedback faster. 
  • The Enterprise plan allows you to manage multiple workflows and sync your roadmaps with other software like Jira. 

With Productboard, you can avail of their 15 day free trial and use their advanced features, without giving up your credit-card information.

7. ProductPlan

Best Product Management Tool for Creating Live Roadmaps

ProductPlan is the Best Product Management Tool for Creating Live Roadmaps

ProductPlan markets itself as an exclusive roadmap software, allowing you to align your team and build products your customers need. With the help of customizable layouts and the drag and drop feature, you can easily create and edit a visual roadmap. 

Depending on the product needs, you can either view your roadmap in a timeline, list, or table layout. You can easily share and collaborate on these roadmaps to keep the vision of your project clearer. It also allows you to integrate your software with Jira, to keep all your teams in perfect sync.

You can share these excellent roadmaps with your stakeholders via a private URL. They can view the live roadmap directly and provide you with essential feedback and requirements.

ProductPlan allows you to track the progress of different stages of product development. You can also integrate all the essential tools and data into a single platform. 

Pricing

ProductPlan Pricing Plan

ProductPlan has three plans – Basic, Professional, and Enterprise.

  • The Basic plan allows you to create unlimited roadmaps for your team and invite your stakeholders and clients to view them.
  • The Professional plan allows you to create a planning board, customize roadmaps, and view them in a separate portfolio.
  • The Enterprise plan offers advanced admin management features, enhanced security, along with an on-sight training program for your employees. 

You can try ProductPlan free for 14 days without giving up your credit card information.

8. Aha!

Most Suitable Product Management Tool for Task Prioritization

Aha! is the Most Suitable Product Management Tool for Task Prioritization

Aha allows you to create strategic roadmaps by capturing your team member’s ideas and client feedback. You can create a descriptive strategy plan and add as much information as you need. The planning board can be used to manage task backlogs.

This roadmap-building tool allows you to create a scorecard that helps you to prioritize your tasks. This board can be used to rank the features required based upon your strategy, helping you decide which ones to implement.

This product management tool offers visual Kanban boards to plan out different tasks. It also allows you to track the progress of these tasks, thus keeping a tab on the overall development of the product. These Kanban boards offer instant visibility into the status of your needs. 

Aha allows you to connect the development of the product to customer feedback. This helps you visualize a new functionality, one that your buyers and users are trying to accomplish. For this, you can create map user stories to map out the flow of development of a product. 

Pricing

Aha! Pricing Plan

Aha has three plans – Premium, Enterprise, and Enterprise+.

  • The Premium plan allows you to create roadmaps, prioritize your tasks, along-track their progress.
  • The Enterprise plan offers a free integration with aha develop, helping you code and build your products from scratch.
  • The Enterprise+ plan offers anti-virus scanning, and creates custom tables to analyze customer feedback scenarios. 

You can access Aha’s exclusive 30-day free trial plan or sign up for their annual subscription and get a 20% discount.

9. Roadmunk

Leading Product Management System for Capturing Customer Feedback

Roadmunk is the Leading Product Management System for Capturing Customer Feedback

Roadmunk offers an end-to-end road-mapping tool to capture your customer’s feedback. With the help of their detailed training videos, even a novice product manager can create a roadmap within a few minutes. You can use these roadmaps to communicate your strategy to your entire team.

This product management system allows you to manage your customer’s feedback at one centralized location, called the feedback inbox. By using tools and chrome extensions, you can quickly deliver valuable insights across your team and stakeholders. 

You can use the collected feedback to create product ideas and prioritize the given tasks. You can choose from the built-in prioritization templates or create your scoring framework to rank the ideas and responsibilities based on your strategy. 

Roadmunk allows you to integrate with third-party applications like Jira and Azure DevOps seamlessly. You can also create your custom integration with the help of built-in tools and Roadmunk API.

Pricing

Roadmunk Pricing Plan

Roadmunk has four plans – Starter, Business, Professional, and Enterprise. 

  • The Starter plan allows you to create unlimited roadmaps and collect feedback and insight from your customers. 
  • The Business plan offers custom roadmap color palettes and allows you to track its dependencies. 
  • The Professional plan offers a seamless SSO integration along with a customized training and support team.
  • The Enterprise plan offers advanced customization and private cloud space to all of its customers. 

You can sign up for Roadmunk’s free 14-day trial today, to access all their advanced features listed in their starter, business, and professional plan.

10. Shortcut

Cheapest Product Management Platform for Managing Backlog

Shortcut is the Cheapest Product Management Platform for Managing Backlog

Shortcut allows you to select the features you need for the planning and development of a product. With the help of in-built tools, you can easily manage your task backlogs and prioritize your customer's requirements

This product management platform allows you to create customizable and simple roadmaps, giving your team an idea of upcoming milestones and deadlines. Product managers can also rate a task based on the skills or efforts required to complete it. The assigned member can manage his time accordingly.

With the help of Kanban boards, you can customize your day-to-day workflow and keep your team on track. You can also break down complex tasks into subtasks and distribute them to different members, to reduce workload.

Shortcut allows you to view product progress and priorities across multiple workflows easily. By setting cross-functional goals, you can keep your entire organization and your stakeholders in the product development loop. 

Pricing

Shortcut Pricing Plan

Shortcut has four plans – Free, Team, Business, and Enterprise. 

  • The Free plan offers free product management tools and allows you to add up to 10 members to your team. It also allows you to create customizable workflows and workspaces.
  • The Team plan allows you to add unlimited members to your team. It offers story templates, along with advanced third-party app integrations. 
  • The Business plan offers detailed insights with advanced reporting features. It also allows you to track goals with an expanded roadmap easily.
  • The Enterprise plan offers advanced priority support and allows you to scale up your organization. 

Try Shortcut for Free, and save 25% on their annual plans.

11. Airfocus

Top Product Management System for Strategic Product Planning

Airfocus is the Top Product Management System for Strategic Product Planning

Airfocus is one of the first modular product management platforms that helps you build clean and strategic roadmaps. These dynamic roadmaps can align your team and steer them in a clear direction. It enables you to resolve definite problems and focus on positive outcomes. 

With the help of in-built tools, you can easily create a custom prioritization framework that works for your team. This framework would help you visualize your strategic items and reduce the risk of business failure. Airfocus also helps you evaluate strategic opportunities to make the right product decisions.

This product management system centralizes all the customer feedback and organizes it in one place. It can later be used as helpful insights and can be linked to ideas and opportunities. You can also create a close feedback loop to inform your customers about the latest developments in your product.

Airfocus offers a complete suite of tools and apps that helps your team manage products effectively. The platform allows you to connect with third-party applications as well. 

Pricing

Airfocus Pricing Plan

Airfocus has four plans – Essential, Advanced, Pro, and Enterprise.

  • The Essential plan allows you to create a single workspace and manage your product backlogs effectively.
  • The Advanced plan offers you unlimited workspaces along with priority rating applications. 
  • The Pro plan offers a priority poker app along with third-party app integrations. 
  • The Enterprise plan offers a dedicated training session to your employees, priority support, and a designated customer success manager. 

You can sign up on Airfocus for free and access their 14-day trial plan to gain access to all their premium features.

12. Asana

Best Product Management Software for Creating Sprint Plans

Asana is the Best Product Management Software for Creating Sprint Plans

Asana allows you to manage your products, track your team’s work, and get faster results. The software makes it easier for your team to understand the sprint plans and determine the backlog tasks they will be working on for the day. You can also plan sprint milestones and launch dates.

This product management software helps you plan your product roadmaps to keep your team and stakeholders on the same page. It can be used to set goals, align priorities, identify blockers, and manage your resources.

With the help of in-built tools, you can use Asana to collect feedback from your customers and store them in a centralized location. This helps your team spot trends quickly and make better decisions regarding the product features. The software also allows your team to iterate faster, delivering better products to your customers.

Asana allows you to track bugs in your software and file them in one place. It helps your engineers to prioritize and assign the issues along with updating the team with the progress. Asana also lets you standardize your product development process with the help of work requests.

Pricing

Asana Pricing Plan

Asana has three plans – Basic, Premium, and Business.

  • The Basic plan allows you to manage unlimited products and tasks at the same time. You can add up to 15 team members with this free plan.
  • The Premium plan allows you to create unlimited dashboards for your products and view them in a timeline mode. 
  • The Business plan offers personal portfolios, workload management features, and advanced third-party app integrations. 

With Asana you can access their free forever plan, or try out premium features with a 30 day trial offer.

13. Backlog

Cheapest Product Management Platform for Software Developers

Backlog is the Cheapest Product Management Platform for Software Developers

Backlog is a product and code management software that allows you to release great product software without any hassle. You can easily track bugs and issues in your code and collaborate with other developers on the team via pull requests. It allows you to report the issues with an easy-to-follow outline. 

With Gantt charts and Kanban boards, you can easily envision the different development stages of your product. These boards help you visualize every task and track their progress. Along with keeping your product organized, you can also track milestones, deadlines, and task dependencies.

This product management platform allows you to communicate and share files with your team effectively. It helps you get work done faster without any confusion. Developers can easily host their codes on a private cloud, allowing the team to review and track changes.

Backlog offers workflow management tools to simplify every step of your product development cycle. You can maximize your team’s efficiency by evenly dispersing the workload and tracking the assigned tasks. 

Pricing

Backlog Pricing Plan

The backlog has four plans – Free, Starter, Standard, and Premium. 

  • The Free plan offers free product management tools and allows you to add up to 10 members to your team. It also provides 100MB of storage space. 
  • The Starter plan allows you to add up to 30 members to your team and manage five products at a time. 
  • The Standard plan offers Gantt charts, 30GB of storage space and allows you to add unlimited members to your team.
  • With the Premium plan, you can manage unlimited products at a time, create custom fields, and manage your workload through Gantt charts.

Besides Backlog’s 30 day free trial, the software also offers a 16% discount on the subscription of their annual plans.

14. Trello

Leading Product Management Tool for Tracking Product Development

Trello is the Leading Product Management Tool for Tracking Product Development

Trello helps you bring high-quality products to your customers faster, allowing you to create effective roadmaps and strategies to build a new product or improvise the existing one. It helps you simplify your sprint plans, track the development of your product, and launch new updates quickly.

This leading product management tool offers a visual and easy-to-use interface, enabling your team to understand the workflow better. Trello allows you to collaborate and discuss product ideas and convert them into action within a few seconds.

With advanced, built-in tools, you can easily track the development of your products along with feature requests from your consumers or clients. Trello allows you to store all the customer feedback at a single location, making it easier for your teams to collaborate on them and work on upgrades. 

Trello allows you to integrate more than 150 third-party applications into your software. You can connect your favorite digital tools to Trello, including Google Drive and Dropbox. The software provides you more time to launch your products and reduces the time needed for administrative work.

Pricing

Trello Pricing Plan

Trello has four plans – Free, Standard, Premium, and Enterprise. 

  • The Free plan allows you to add unlimited members to your team and work on ten boards at a time. This free product management tool also offers unlimited file storage. 
  • The Standard plan offers custom fields and advanced checklists to manage your products.
  • The Premium plan offers dashboard, timeline, workspace table, calendar, and map views. It also provides unlimited workspace command runs. 
  • The Enterprise plan offers organization-wide permissions along with public board management features. 

With Trello’s 14-day free trial, you can get access to unlimited Trello boards.

15. Confluence

Most Suitable Product Management System for Effective Competitive Analysis

Confluence is the Most Suitable Product Management System for Effective Competitive Analysis

Confluence offers intelligent structures and templates to set up and manage your products efficiently. It provides a detailed competitive analysis template, allowing you to view what your competition has to offer. This gives you and your team a clear idea of how you can differentiate your product and stand out from the crowd. 

With the help of the customer interview reports, you can turn your customer’s feedback into actionable insights. You can easily organize your customer’s interview into high-level observations and opportunities for your team to work on. 

This product management platform allows you to map out all of your project logistics ahead of time. Confluence enables you to plan and manage products of any complexity while keeping your team members, clients, and stakeholders in the loop.

The platform offers premortem features, allowing you to visualize the risks and opportunities related to your product launch. This helps you analyze the future of the product and nail down a plan to navigate through each of the difficulties. Confluence’s product launch template allows you to plan your launch strategy easily.

Pricing

Confluence Pricing Plan

Confluence has four plans – Free, Standard, Premium, and Enterprise. 

  • The Free plan allows you to add up to 10 members to your team, along with working on unlimited pages or spaces. 
  • The Standard plan offers detailed page insights and allows you to set page and space permission for your team members.
  • The Premium plan offers detailed analytics, team calendars and allows you to collaborate with teams outside your organization.
  • The Enterprise plan allows you to work on unlimited products simultaneously, along with limitless storage space. It also offers advanced security features, including encryption and password policies. 

Go ahead and give Confluence a try with their free plan or try out premium features with the 7-day free trial.

Other Types of Tools for Product Managers

Most product management tools offer an all-in-one software to plan, organize, execute, collaborate, and launch your products. However, there are times when you might want to focus on one aspect or stage of product development. 

There are a few specialized tools for product managers that focus on a single aspect of product management. Here are a few other types of tools that you might need during the planning and launch of your products.

1. OKR Software

OKR software are reliable tools that help you set, monitor, and manage goals for your teams. These tools can be used for setting, tracking, communicating, and tracking purposes within your organization. 

Goals are an integral part of planning and launching a product, as they help product managers to communicate clear expectations with their team. Manually managing your goals can be hectic and burdensome. OKR software saves your time and assists your organizational pursuits.

Here are our top 3 OKR software for any business type.

  • Profit.co allows you to iterate your goals faster, with a user-friendly interface and design. 
  • Kazoo offers powerful insights and easy-to-read reports, allowing to set decision-based goals. 
  • Engagedly allows you to set strategic team goals and cascade them down to your team members. 

2. Flowchart Tools

A flowchart is a sequenced diagram of interconnected shapes that outline either the flow, hierarchy, or structure. These are useful for laying out a project outline or for building mind maps.

The software that helps you create these flowcharts is known as a flowchart tool. They make it extremely simple for users to create personalized diagrams or charts using pre-designed templates and a drag-drop feature. 

Here are our top 3 flowchart tools for project planning.

  • Giffy offers hundreds of pre-built templates and a drag-drop design system, making it best for beginners. 
  • Cacoo is most suitable for software developers, allowing easy integration and real-time team collaboration.
  • Edraw Max offers an advanced range of features with 2-D technical diagramming and organizational charts.

3. Prototyping Tools

Prototyping tools allow a designer to embed visuals, interactions, and navigational elements into their designs. These tools help represent how your designs should behave and feel. 

Prototyping tools are an essential part of your user experience and interface. They are used to demonstrate your ideas and then make some tweaks to improve product performance. These tools help make your product creation faster and much more effective. 

Here are our top 3 prototyping tools to improve your design process.

  • Adobe XD is a vector-based tool used for creating interaction and other types of dynamic functionalities.
  • Origami Studio offers powerful features for creating prototypes for websites and mobile apps. 
  • Sketch offers uniformity and consistency in your design elements with the help of reusable elements and a smart layout feature.

4. Customer Feedback Tools

A customer feedback tool is software that helps collect feedback and valuable insights from your customers. These can either be in the form of a survey with pre-formatted questions or simple website feedback forms. 

These customer feedback tools help you gain essential insights from your consumers that can help you improve your products. By centralizing your product around your customer base, you will add features demanded by the majority.

Here are our top 3 customer feedback tools for collecting and analyzing feedback.

  • Qualaroo allows you to send traditional surveys through emails and embed them on your web pages and apps. 
  • SurveyMonkey allows you to conduct detailed market research by creating surveys with pre-formatted questions. 
  • ProProfs Survey Maker offers versatile surveys and forms, including quizzes, polls, sidebar forms, and popup surveys.

5. Road-mapping Softwares

A product roadmap allows you to illustrate your visions and your goals into a planned, strategic outline. This outline helps you visualize the development process of your product and to track its progress.  

The road mapping software is a digital tool that helps product managers easily create a roadmap for their team and edit it as required. It gives you the ultimate flexibility to adapt and react to changes and re-evaluate your product development steps along the way.

Here are our top 3 road-mapping software to create an exceptional roadmap.

  • Infinity is an interactive road mapping software that allows you to create a map of features and functionalities. It is the best software for beginners. 
  • Toggl Plan has a user-friendly interface, helping you align your goals with actions, along with identifying bottlenecks.
  • Craft offers powerful roadmap views to plan your overall strategy and track the progress of your team and product.

6. Wireframing Tools

Wireframing is an essential part of user interface designing. It is used to plan the content and functionality of the web page by considering a user's needs. It helps design a website at its structural level. 

Wireframing is done during the early stages of the development before any visuals or content is added to it. Wireframing tools are digital software that allows designers to quickly and effectively create a mockup of a website. With the help of a drag-and-drop feature, they can drop placeholders for images and content. 

Here are our top 3 wireframing tools to prepare the basic structure for your website.

  • Axure RP is a powerful desktop program that allows you to create a structure for static and dynamic prototypes.
  • Balsamiq is an affordable, easy-to-use tool, which works best for static and low-fidelity prototypes
  • Figma is a free, online wireframing tool to transform your workflow into detailed, high-fidelity components. Its pre-made wireframe kit makes it the best tool for beginners.

7. Release Management Tools

Release management is the process of handling the software deployment of your products. Once the engineers have developed your product, you need to plan all you will need during its release, manage all the software through different stages of development, test its stability, and then release it for public use. 

Release management tools allow easy testing and deployment of products. This increasingly complex process requires test, deployment, and feedback automation. Release management tools can complete these processes quickly, aiding in a faster release of products and software. 

Here are our top 3 release management tools for handling product deployment.

  • Clarive allows you to simplify, automate, and speed up the deployment of your product with the help of fully customizable controls and automation
  • Ansible is an easy-to-use software offering automation capabilities to speed up the deployment of your product. 
  • Microfocus Release is used for planning and tracking the release lifecycle of an application. The easy-to-use dashboard allows you to track and coordinate the release.

8. Collaboration Tools

Collaboration refers to the discussion of ideas and feedback during the product's planning, development, and deployment stage. While building a new service, you need to keep your team on the same page and keep them updated about the product's progress.

Collaboration tools are digital software that helps teams to work together towards a common goal. These tools allow them to connect through video or voice calls and instant messages. It also allows them to share files or images with their team and discuss feedback and improvements. 

Here are our top 3 collaboration tools to keep your team on the same page.

  • GoToMeeting is a video conferencing software, allowing you to connect with your remote team and share your screen for easy understanding.
  • Slack is a popular instant messaging software among product developers. It also offers file transfer and powerful message search.
  • Milanote allows you to organize your projects and ideas into visual boards. These boards would help communicate your vision to the team.

9. Heatmap Tools

Heatmap allows you to understand how your visitors are using your website. Heatmap tools provide an overlay on your web pages, displaying areas with high user activity as hotter as compared to lower activity ones. They offer visual analytics to product managers, helping them understand which areas entice your users the most. 

Heatmap tools offer important insights into the habits of your customers, allowing you to understand their on-site behavior. It also helps you understand usability issues, which you can optimize your website and improve user experience.

Here are our top 3 heatmap tools that you can use to study on-site user activity.

  • CrazyEgg, the most popular heatmap tool, offers click, scroll, and mouse cursor heatmaps. It also offers a confetti heatmap view that allows you to divide your data based upon traffic sources. 
  • Lucky Orange offers heatmap analytics for scroll depth, movement, and clicks. It also allows you to record a session and divide your incoming traffic.
  • Heatmap.me is one of the simplest heatmap tools, offering real-time heatmap analytics. It is easy to install and loads asynchronously without slowing down your website.

10. Presentation Softwares

Presentations are a one-way communication method that lets you inform your team members, stakeholders, and clients about the recent developments in the product. It also helps you share your roadmap and workflows for the development and deployment of the product.

Presentation software is a digital tool that allows you to put your idea and vision to the people. It enables you to break down the product strategies and persuade your stakeholders about the chosen roadmap to develop the product.

Here are our top 3 presentation software that you can use to communicate your ideas and plans.

  • Visme allows you to create professional presentations quickly. You can also create interactive charts and infographics. 
  • Google Slides are similar to Microsoft PowerPoint and have an easy-to-use interface. It is the best software for business professionals, students, and educators.
  • Keynote is Apple's version of Google Slides. This free-to-download software allows you to add GIFs and upload audio files to your presentation.

FAQ

What Are Product Management Tools?

Product management is the process of planning and developing an entirely new product or revamping an existing one. Product managers manage product development and deployment stages with the help of a product management tool.

These product management tools allow you to plan and strategize your idea using Gantt and Kanban boards. They also allow you to collaborate with your team members, discuss your thoughts, and share your feedback. 

These tools are also responsible for collecting customer feedback, centralizing it, and analyzing it to gain valuable data insights. The deployment process involves these product management tools for faster and efficient automation.

What’s the Difference between Product Management and Project Management Tools?

Product and project management are similar concepts but differ in the way they are developed and managed. Project management focuses on achieving specific objectives or goals and completing the given task before the deadline. Once it has been completed, you no longer need to manage it.

On the other hand, product management is a broader category that focuses on product development and execution, customer feedback, and overall success. 

Project management tools focus more on task assignments, workflow creation, deadlines, and milestones. In comparison, product management tools focus on prototyping, roadmap software, customer feedback, and deployment of the product.

How Much Does a Good Product Management Tool Cost?

The cost of a good product management tool would vary according to your needs or requirements, the size of your team, and the number of products you need to manage.

If you are starting and have a small team, you might opt for a free product management system, like Monday.com. As your team grows, you will need to manage multiple products at a time, along with better storage space. This plan would cost you somewhere between $8 and $20 per user.

Suppose you have a large organization and manage multiple teams and deploy several products in a year. In that case, you should invest in a business or enterprise-grade product management software. It offers premium support and keeps your data safe with advanced security features. This plan would cost you somewhere between $30 and $100 per user.

Which Product Management Software Should I Try?

The best product management software you should use to develop and deploy your products depends on your feature requirements. 

  • If you are looking for a tool that offers visual roadmaps, you should try Monday.com, Prodpad, or ProductPlan. This software allows you to create interactive roadmaps. 
  • If you want a product management software that allows you to manage your resources, you should choose ClickUp, Asana, or Wrike.
  • If you are looking for a customer-centric tool that allows you to analyze customer feedback, then you should try Productboard, Aha, or Roadmunk. They allow you to store all the data at a centralized location and analyze helpful insights.
  • If your main goal is to manage all your backlogs, then you should choose Shortcut or Backlog.

Martin Luenendonk

Editor at FounderJar

Martin loves entrepreneurship and has helped dozens of entrepreneurs by validating the business idea, finding scalable customer acquisition channels, and building a data-driven organization. During his time working in investment banking, tech startups, and industry-leading companies he gained extensive knowledge in using different software tools to optimize business processes.

This insights and his love for researching SaaS products enables him to provide in-depth, fact-based software reviews to enable software buyers make better decisions.