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Prioritization Techniques
Have you wondered how product features or backlog items are prioritized? Here are 20 techniques that can be used for prioritization:
1. Eisenhower Matrix: This technique helps you categorize tasks into four quadrants based on their urgency and importance. The quadrants are: urgent and important, important but not urgent, urgent but not important, and not urgent and not important.
2. ABC Analysis: This technique involves categorizing tasks into three categories: A tasks are those that are most important, B tasks are less important, and C tasks are tasks that can be delegated or postponed.
3. Jobs-to-be-Done: This framework involves understanding the “job” or task that customers are trying to accomplish with a product, and developing products that help them do that job better.
4. Pareto Analysis: This technique involves focusing on the 20% of tasks that will yield 80% of the results.
5. Weighted Decision Matrix: This technique involves assigning weights to criteria and options to help make decisions based on multiple factors.
6. Cost-Benefit Analysis: This technique involves weighing the costs and benefits of different options to help make decisions.
7. Value vs. Effort Matrix: This technique involves categorizing tasks into four categories based on their value and effort required: high value, low effort; high value, high effort; low value, low effort; and low value, high effort.
8. The MoSCoW Technique: This technique involves categorizing tasks into four categories based on their priority: Must Have, Should Have, Could Have, and Won’t Have.
9. The 80/20 Rule: This technique involves focusing on the 20% of tasks that will yield 80% of the results.
10. The Ivy Lee Method: This technique involves writing down the six most important tasks and prioritizing them in order of importance. Then, focusing on the first task until it is complete before moving on to the next one.
11. Kano Model: This technique helps you prioritize features by categorizing them into three categories: must-haves, satisfiers, and delighters.
12. Value vs. Complexity Matrix: This technique involves prioritizing features based on their value to the customer and the complexity of implementing them.
13. RICE Scoring Model: This technique involves scoring features based on four criteria: reach, impact, confidence, and effort.
14. Weighted Scoring Model: This technique involves assigning weights to criteria such as user impact, technical feasibility, and business value to help prioritize features.
15. User Story Mapping: This technique involves breaking down a product into user stories and prioritizing them based on their importance to the user journey.
16. Cost of Delay: This technique involves estimating the cost of delaying a feature and using that information to prioritize features.
17. Theme Scoring: This technique involves scoring features based on how well they align with overall product themes or goals.
18. Buy a Feature: This technique involves giving customers or stakeholders a budget to “buy” the features they want to prioritize.
19. Agile Product Roadmapping: This technique involves creating a flexible product roadmap that allows for continuous prioritization and adjustment based on customer feedback and data.
20. Impact Mapping: This technique involves mapping out how product features will impact business goals and prioritizing features based on their potential impact.
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