Must Have
90-120 days
Feature Prioritization & Release Plan
Determining which features to develop and release first based on their value, feasibility, and alignment with the product vision. Creating a detailed plan that outlines the schedule for feature development, testing, and release.
IMPLEMENTATION
List all potential features and enhancements.
Evaluate each feature based on criteria such as user value, business impact, development effort, and market differentiation.
Use prioritization frameworks like MoSCoW (Must Have, Should Have, Could Have, Won't Have) or RICE (Reach, Impact, Confidence, Effort) to rank features.
Create a release plan that includes timelines, key milestones, and dependencies.
Communicate the release plan to all stakeholders and align on priorities.
Continuously review and adjust the plan based on feedback and changing priorities.
TIPS
Involve cross-functional teams in the prioritization process to ensure diverse perspectives.
Keep the user needs and business goals at the forefront of decision-making.
Use data-driven insights from market research and user feedback to inform prioritization.
Be transparent about the prioritization criteria and decisions.
Regularly revisit and adjust priorities as new information and feedback are received.
WHY IMPORTANT
Essential for ensuring that the most valuable and feasible features are developed first, maximizing impact and efficiency.
R
Product Management
A
Product Management
C
Engineering, Marketing, Sales, Customer Support, UI/UX Design
I
Executive Team, Operations, Company