One of the most intuitive and straightforward methods for prioritizing your product roadmap is categorizing potential new features by their expected business value and implementation complexity.
Here's how to use this template:
- List all of your product features.
- Assign each feature a value score - how useful a given feature will be for customers, employees, or suppliers; the ability of a new feature to generate more revenue, traffic, or publicity; the positive impact the new feature might have on the product's performance, security, and reliability.
- Assign each feature a complexity score - how much time it will take for a feature to be implemented; how technically challenging it is to implement that feature; how much it will cost to develop that feature.
- View your Value-Complexity Matrix to help prioritize your feature production!