So, if you are looking for something lightweight and cost-effective (well, free really), here it comes! Also, the integration with ticket management tools such as JIRA can be cumbersome and not as seamless of a process to embed. Whilst they offer good prioritisation frameworks with matrix visualisations, the service comes at a price that may not be the best use of budget for smaller organisations. If you work in a large organisation, it's likely that you will use a product management tool that helps you with prioritisation, such as ProdPad, Roadmunk, Airfocus or productboard. 37 Frameworks to Help You Become a Better Product Manager: Prioritization Frameworks (ProductPlan).
9 product prioritization frameworks for product managers (Roadmunk).If you are interested in an overview of the main frameworks and what their strengths and limitations are, have a look at the following resources: There are many prioritisation frameworks out there, each using a different combination of some of the factors mentioned above, and depending on your use case, most of them will help you roughly decide, in one form or the other, in which order you should develop your features. So putting a prioritisation framework in place that you can get everyone aligned on (team, senior stakeholders, clients) is invaluable for decision-making. Prioritisation should never be opinion-based but in reality, it often is when you have a lot of stakeholders involved. One of the biggest challenges of a Product Manager is the prioritisation of features, essentially what to develop in which order, as there are so many factors that may impact this decision, such as reach, impact/ value (to business and client), effort/ complexity, cost of development, risk, cost of delay, opportunity enablement, risk reduction, and time criticality, amongst others.
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