Top 4 Prioritization techniques in Product Management explained simply

Prioritization can suck your soul out of you but no worries I can help you with that. Simplicity is your best weapon to defeat complexity.

During this video, I share four prioritization techniques that can help you:
- RICE
- ICE
- Value Matrix
- MoSCoW

If you enjoyed this video, you will probably enjoy this article as well:

Take one of my crash courses to overcome your challenges as a Product Professional

Follow me on: 

Product Management. Product Manager, Product Owner, Agile, Scrum, How to improve as Product Manager

#productmanager​ #productmanagement #startup #careerdevelopment

[lamanmahammadli]

I'm glad you mentioned the gut feeling. It is always debatable how much you should rely on your gut feeling, especially when you are new to the product or industry. I personally like scoring methods like ICE/RICE because confidence has equal weight as the other criteria. Hippos also have a gut feeling, like every other stakeholder. The determining factor on what to tackle next could be a high confidence rate gained through previous learnings, user or market research.

[irajt]

This is a great channel. I wish i had found it before. Thank you David...so very insightful and helpful.

[cyberpunk.]

The issue with primarily going for the low hanging fruit in the matrix is that you're not chasing the bets enough. They equally deliver value, but are harder and also need to be prioritised. Some developments are hard and do deliver good value and therefore are equally worth chasing.

[guerreirodancante]

🤣 I laughed loud on "if you want to fail, you prioritize based on this animal" 😂😂

[petertoth]

Thanks for the overview which was a important reminder :) helped me in my current situation!

[ermanmanyasli]

I guess your quadrant in min 6 is a bit incorrect. If stg is not easy to build & also doesn't promise that much impact, it is waste of time. hence, you need to replace reds and grey circles' positions in your quadrant imho.