Prioritization is crucial during the product development process because it’s impossible to execute every idea in any given sprint. This makes it important to choose the concepts that will have the most impact on the business and customers. By @atlassian.com.
A prioritization framework simplifies a product team’s decision-making process when choosing which opportunities to pursue. This guide examines six prioritization frameworks and explains how to select one that will help a product manager make better, more informed decisions. This, in turn, will make product roadmaps stronger.
In this article:
- What is a prioritization framework?
- Why are prioritization frameworks important?
- Common product prioritization frameworks
- RICE framework
- Kano model
- MoSCoW method
- Value vs. effect
- Opportunity scoring
- Cost of delay
- How to choose the right prioritization framework
Prioritization frameworks are great to get everyone on the same page. You and your team can work with stakeholders to clarify goals. You can also use prioritization frameworks to make more informed decisions on which tasks to prioritize. Nice one!
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