Product Features Prioritization Tool
3 likes811 views
The document contains information for prioritizing 10 product features based on various criteria. It includes a weighting scale for criteria like ease of use, impact, and development difficulty. Each feature is then scored on these criteria and an overall feature score is calculated. The features are ranked based on their total scores, with Feature 10 having the highest score of 8.1 and Feature 6 the lowest of 2.1.
Product Features Prioritization Tool
- 1. Features to Cut Development High Feature 5 Feature 1 Feature 10 Feature 9 Feature 3 Ease to Develop Bubble Size = Feature Score Feature 2 Feature 7 Feature 4 Feature 6 Feature 8 Low Low Value Features Low Hanging Fruit Low High End User Value
- 2. Product Features Prioritization Tool Weighting Scale End User Buyer Development Total Solves Ease of Use Impact ROI Value Add Technical Difficulty Feasibility Effort Problem 15% 15% 20% 10% 15% 5% 10% 5% 5% 100% Ranking Criteria & Definitions: Ease of Use - is this feature going to be very easy for the end user to get value from? Impact - how much of an impact will this feature have on the end user's ability to achieve their goals? Solves Problem - does this feature solve a problem that was stated by an end user or buyer? ROI - will this feature contribute to the return on investment (ROI) that an economic buyer will be looking for? Value Add - does this feature provide real added value and differentiation from the competition? Technical - will the technical evaluator accept and approve of this feature readily? Difficulty - from a design and production standpoint, how difficult is it going to be to deliver this feature? Feasibility - how much confidence does the engineering team have that they can deliver on this feature? Effort - is this feature reasonably simple to deliver or will it require a large amount of effort and cost?
- 3. Product Features Prioritization Tool End User Buyer Development Solves Product Features Ease of Use Impact Problem ROI Value Add Technical Difficulty Feasibility Effort Weighting 15% 15% 20% 10% 15% 5% 10% 5% 5% Feature 1 2 3 4 6 6 9 7 8 7 Feature 2 3 6 8 6 7 7 3 8 6 Feature 3 8 6 6 6 7 7 6 5 7 Feature 4 9 8 6 5 6 4 2 3 4 Feature 5 5 4 6 6 5 4 10 8 3 Feature 6 1 2 2 3 2 5 2 3 1 Feature 7 1 2 2 3 1 4 3 5 4 Feature 8 6 7 4 4 1 2 1 2 3 Feature 9 4 5 2 7 4 6 7 6 5 Feature 10 9 8 8 8 9 7 6 7 9
- 4. Product Features Prioritization Tool Note: Sort by selecting all cells then click "Data"in the navigation menu and "Sort". You can sort by Feature Score (Largest to Smallest). Product Features Feature Score End User Buyer Development Feature 10 8.1 4.2 2.5 1.4 Feature 1 5.0 1.6 2.0 1.5 Feature 2 6.0 3.0 2.0 1.0 Feature 3 6.5 3.3 2.0 1.2 Feature 4 5.9 3.8 1.6 0.6 Feature 5 5.7 2.6 1.6 1.6 Feature 9 4.6 1.8 1.6 1.3 Feature 8 3.8 2.8 0.7 0.4 Feature 7 2.3 0.9 0.7 0.8 Feature 6 2.1 0.9 0.9 0.4