Simplest PM Framework to Get Things Done
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What is the simplest framework to set product feature priorities? We removed everything that can be removed and only left 3 steps to prioritize any product backlog. It can't get simpler than this.
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Simplest PM Framework to Get Things Done
- 1. SIMPLEST FRAMEWORK TO SET PRODUCT PRIORITIES (for startups) alex@diagramic.com
- 2. SIMPLE AND FAST TOOL WHAT IS THE SIMPLEST PM FRAMEWORK TO GET THINGS DONE?
- 3. STEP 1 - TODO LIST • FEATURES • DESIGN • TASKS • USER FEEDBACK • … anything you add to the list
- 4. EXAMPLE - FEATURES Date Feature Comments 2/15/15 Feature 1 MVP 3/1/15 Feature 2 3/6/15 Feature 3 3/7/15 Feature 4
- 5. STEP 2 - RANK Rank is defined as multiple of: R = User Value x Business Value x Delivery each one is rated 1-5 (1=worst, 5=best) You can add more, but NOT RECOMMENDED
- 6. VALUES (ATTRIBUTES)• User value is based on Segmented - Aggregated votes (inputs: Sales, Support, Training) • Business value is based on revenue opportunity, marketing value (inputs: Business, Marketing) • Delivery (T2M, Engineering Effort) is based on how quickly it could be done (input: Eng
- 7. RANK ver Feature User Value Business value T2M Rank Feature 1 4 2 5 40 Feature 2 5 4 4 80 Feature 3 5 5 3 75 Feature 4 4 3 4 48
- 8. STEP 3- SORT AND VERSION ver Feature User Value Business value T2M Rank 1.01 Feature 2 5 4 4 80 1.02 Feature 3 5 5 3 75 1.03 Feature 4 4 3 4 48 1.03 Feature 1 4 2 5 40
- 9. VERSIONS = RELEASES • Combine many small improvements or few large features • Releases are "bundles" of requirements with total value sum of X of more (~400pts) • Example: v.1.03 has 88pts = 48pts (Feature 4) + 40pts (Feature 1) • Best practice: Don’t make releases “too big”. Customers will always find bugs/problems
- 10. BEST PRACTICE - EQUALIZE 0 110 220 330 440 550 April May June July 0 150 300 450 600 750 April May June July Good Not
- 11. SUMMARY 1. MAKE A LIST 2. RANK BY 3 DIMENSIONS (USER, BIZ, ENG) 3. GROUP INTO RELEASES OF X PTS Use any tool you like (diagramic.com, spreadsheet)
- 12. DEMO
- 13. BEST PRACTICE ALTERNATE “FEATURE” RELEASES AND “USABILITY” RELEASES 0 110 220 330 440 550 April May June July
- 14. SUMMARY 1. MAKE A LIST 2. RANK BY 3 DIMENSIONS (USER, BIZ, ENG) 3. GROUP INTO RELEASES OF X PTS use any tool you like (google spreadsheet)
- 15. THIS IS AS SIMPLE AS IT CAN GET I've seen very complex systems, but the overhead is not worth it
- 16. DIAGRAMIC SIMPLEST PRODUCT PRIORITIES FRAMEWORK alex@diagramic.com www.diagramic.com