{"id":15643,"date":"2017-03-02T19:10:00","date_gmt":"2017-03-02T19:10:00","guid":{"rendered":"https:\/\/productcollective.com\/?p=15643"},"modified":"2019-06-17T04:32:56","modified_gmt":"2019-06-17T04:32:56","slug":"prioritizing-find-the-right-model-or-cook-up-your-own","status":"publish","type":"post","link":"https:\/\/productcollective.com\/prioritizing-find-the-right-model-or-cook-up-your-own\/","title":{"rendered":"Prioritizing &#8212; Find the Right Model or Cook up Your Own"},"content":{"rendered":"<p><strong>RICE: Simple prioritization for product managers. <\/strong>As we&#8217;ll explore later, there are many tools you can use to prioritize feature requests. Rather than just grab one off the shelf, <a href=\"https:\/\/blog.intercom.com\/rice-simple-prioritization-for-product-managers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Sean McBride and the Intercom team came up with a hybrid system called RICE<\/a>. That&#8217;s an acronym for Reach, Impact, Confidence and Effort. When the former three are multiplied and divided by Effort, you can list a range of feature requests by its RICE score. Whether you take heed or continue with your gut feeling is up to you.<\/p>\n<p><strong>Product roadmap prioritization: weighted scoring or the kano model?<\/strong> Two popular methods for feature prioritization, <a href=\"https:\/\/280group.com\/product-management-blog\/product-roadmap-prioritization-weighted-scoring-kano-model\/\" target=\"_blank\" rel=\"noopener noreferrer\">illustrated here by Jim Semick<\/a>, are the Weighted Scoring Model and the Kano Model. They are markedly different approaches whereby the former relies on a quantitative scoring of costs and benefits and the latter focuses more on the qualitative ability of features to delight users.<\/p>\n<p><strong>SPONSORED ARTICLE:<\/strong>\u00a0<strong>Algolia\u2019s checklist for selecting a critical SaaS service. <\/strong>The days of making a once-off purchase for a piece of software is long behind us. In its place are 1000s of new software services that give businesses instant solutions and benefits online. But when deciding on which to use, <a href=\"https:\/\/blog.algolia.com\/algolias-checklist-for-selecting-a-critical-saas-service\/\" target=\"_blank\" rel=\"noopener noreferrer\">Algolia reminds us that we should look beyond just features<\/a>. Equally, if not more important is infrastructure &#8212; which includes important criteria like support, availability and security.<\/p>\n<p><strong>20 product prioritization techniques: a map and guided tour.<\/strong> <a href=\"https:\/\/foldingburritos.com\/product-prioritization-techniques\/\" target=\"_blank\" rel=\"noopener noreferrer\">This post by Folding Burritos<\/a> is impossible to summarize but is valuable &#8212; whether you choose to leverage an established prioritization model or, like Intercom, cook up your own.<\/p>\n<p><strong>How to prioritize: top 6 techniques. <\/strong>Some techniques, <a href=\"https:\/\/pmhardcore.com\/2012\/06\/07\/how-to-prioritize\/\" target=\"_blank\" rel=\"noopener noreferrer\">as outlined by the Hardcore Product Management blog<\/a>, are a little less technical (and inherently more risky). In Agile Development, requests are organized by <em>Must Haves<\/em>, <em>Nice to Haves<\/em> etc. To decide which is which requires plenty of gut instinct. But it can be applied to product management prioritizing too, preferably backed up with data. Similarly, you can Stack Rank requests whereby the apparent least important ones are pushed to the bottom and ignored.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RICE: Simple prioritization for product managers. As we&#8217;ll explore later, there are many tools you can use to prioritize feature requests. Rather than just grab one off the shelf, Sean McBride and the Intercom team came up with a hybrid system called RICE. That&#8217;s an acronym for Reach, Impact, Confidence and Effort. When the former [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prioritizing - Find the Right Model or Cook up Your Own - Product Collective | Organizers of INDUSTRY: The Product Conference<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/productcollective.com\/prioritizing-find-the-right-model-or-cook-up-your-own\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prioritizing - Find the Right Model or Cook up Your Own - Product Collective | Organizers of INDUSTRY: The Product Conference\" \/>\n<meta property=\"og:description\" content=\"RICE: Simple prioritization for product managers. As we&#8217;ll explore later, there are many tools you can use to prioritize feature requests. Rather than just grab one off the shelf, Sean McBride and the Intercom team came up with a hybrid system called RICE. That&#8217;s an acronym for Reach, Impact, Confidence and Effort. 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