Value vs Effort matrix

Value vs Effort matrix

What is the value vs effort matrix?

The value vs effort matrix is a simple 4 quadrant prioritization matrix with Value on the Y-axis and Effort on the X-axis. It provides a rough gauge for Product Managers to quickly do feature prioritization, which is a part of the product management process.

Categories of ideas and features

Quick wins (high value + low effort)

Big bets (high value + high effort)

Maybes (low value + low effort)

Time sinks (low value + high effort)

Other prioritization frameworks

ICE and RICE are two other prioritization frameworks that provide more granular approaches for assessment. Weighted Scoring is a framework that allows for analyzing features against company objectives. The Kano model provides another sophisticated framework, based on the degree of customer delight.

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