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Overview

One way to prioritize your project/process/product roadmap is by categorizing potential new features by their expected business value and by the degree of risk associated with their implementation.

Here's how to use this template:

  1. List all of your projects/processes/product features.
  2. 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.
  3. Assign each feature a risk score—uncertainty about your estimates for how long a feature might take to complete or how much it might cost; uncertainty about your team's ability to execute on the feature; uncertainty about how much executive support a project might receive.
  4. View your Value-Risk Matrix to help prioritize your feature production!
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