#EXCEL PRIORITY MATRIX TEMPLATE FREE#

Time criticality - How does user/ business value decay over time? Is there a fixed deadline? What is the current effect on customer satisfaction? Are any milestones impacted by this?.User/ business value - How much value does it add to your weighted user groups? What is the revenue impact on the business?.For job duration/ size, rather than using exact story points or time estimates, score it with a relative measure - I tend to use a simplified Fibonacci sequence (1, 3, 5, 8, 13)

Create your list of high-level features or epicsĢ. Also, depending on the amount of features or epics you want to map, it may be quicker to just write them up manually rather than going through the export task.ġ. I tend to export my filtered features or epics from Jira (label = WSJF) and then use Excel for the prioritisation task but obviously, any other spreadsheet tool will do. You can find a more detailed description and visualisation of how exactly this works here.

In SAFe, WSJF is estimated as the Cost of Delay (CoD) divided by relative job size, and the gist of it is that jobs that can deliver the most value (or CoD) in the shortest duration provide the best economic return. features, capabilities, and epics) to produce maximum economic benefit. WSJF is a prioritisation model used to sequence jobs (e.g. I first heard about the prioritisation framework WSJF (Weighted Smallest Job First) in the SAFe/ Scaled Agile course that I did a few years ago.

#EXCEL PRIORITY MATRIX TEMPLATE FREE#

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.

Excel priority matrix template