who is responsible for prioritizing the product backlog This is a topic that many people are looking for. passionistsisters.org is a channel providing useful information about learning, life, digital marketing and online courses …. it will help you have an overview and solid multi-faceted knowledge . Today, passionistsisters.org would like to introduce to you Prioritize Product Backlogs in Three Easy Steps. Following along are instructions in the video below:
This video is brought to you by the 280 group optimizing product management. Hi. I im brian lally.
Im the ceo of the 280 group and also the of the best selling book product management for dummies in this video. Im going to teach you an incredibly powerful technique for prioritizing your product backlog and your feature set. Its called the four quadrant matrix so now im going to show you the four quadrant matrix for prioritizing product backlogs to do this technique you create a matrix and you label the axes from low to high on both x y.
The x. Axis is effort. How much effort.
Your engineers are going to take to build that particular feature. How hard is it going to be and this should just be a rough estimate kind of from low to high and then the y axis is value how much value does it provide to your customers is it really going to delight them is it going to change how they work and how they use your product. Once youve got the axes and everything set up then you take each of your features and you prioritize them and put them in the matrix.
So you might have something thats super high value for your customers. But its going to be really easy for your engineers to deliver maybe they say you know we can deliver that in one sprint or two sprints or you might have something that is something thats sort of requested well fairly often. But its not really that high value and its going to take a lot of effort.
So it might be high effort low value correspondingly. You might have something thats going to take a long time to develop maybe six months or a year or two years. Very high value going to completely differentiate your product in the market.
But also very high effort. So that might go in quadrant three. And you repeat that with everything on your backlog or in your feature list.
Until youve got the matrix completely filled out now once youve got this completed. What you want to do is look for everything thats in the high value quadrant and low effort quadrant. These are things that youre going to do for sure.
Because you can deliver value easily and quickly correspondingly. Something thats very high effort and very low value youre probably going to get rid of these in fact just take them off your list completely now. This is just one of six techniques.
We teach in our three day optimal product management and product marketing course. So if you want to learn more about this visit 280 group com. Learn about the course and wed be happy to teach you how to be a great product manager well we hope this video is useful if youd like to download our free library of product management resources go to 280 group comm and certainly buy a copy of product management for dummies.
We hope to see you in class .
Thank you for watching all the articles on the topic Prioritize Product Backlogs in Three Easy Steps. All shares of passionistsisters.org are very good. We hope you are satisfied with the article. For any questions, please leave a comment below. Hopefully you guys support our website even more.