DELIBR PRODUCT MANAGEMENT GLOSSARY

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.

You might also be interested in...

On the same topic

Previous glossary item
Next glossary item