Estimating the “value” of features is a waste of time. I was in a JAD session once where people argued about if the annoying beeping (audible on the conference line) was a smoke alarm or a fire alarm. Yes, you can get to an answer, but so what?! The important thing is to solve the problem.
Tag Archives: Prioritization
Is Your Product Improving?
Do you recognize this early logo from Amazon.com? Future Now has a great article detailing how Amazon evolved their “add to shopping cart” implementation. From reviewing this summary of the evolution of one feature, we can see that Amazon decided there was value in reinvention. The improved the way their product did something over time. Have you?
Stakeholder Value-Delivery Matrix
Roger Burlton, of the Process Renewal Group, gave an excellent presentation Monday morning at the 10th annual International Business Rules Group: Developing a Business Process Architecture and Program of Change. A lot of good stuff about how to define, develop, and manage processes. One idea in his presentation was particularly compelling – that of driving process improvement strategy based on stakeholders. This approach looks at how much benefit the stakeholders can get from the improvement, and how much pain the current process causes them. A very compelling strategic prioritization tool.
Posted in Business Analysis, Prioritization, Requirements
Tagged managing data, Prioritization, prioritizing, prioritizing processes, process improvement, process prioritization, process re-engineering, process reengineering, re-engineeering processes, re-engineering processes, stake holder, stakeholders
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Why Prioritization Matters
I am a big fan of boxes and arrows, but this time, Jeffrey Davidson found a great article by Dan Willis before I did, and told me about it. Thanks Jeffrey! The article is about how to deal with the what and how of requirements and design – and it provides some really sage advice. But what got my attention was the lack of prioritization of requirements in his example.
Prioritization and Value Maximization
We all know the story about the emperor’s new clothes. I’ve been thinking about prioritization and scheduling, and as far as I know, no one is promoting that we maximize value – they (and we) have been promoting that we do the most valuable stuff first. Doing the most valuable things first does not result in getting value the fastest. In this article, we show why not.
Posted in Business Analysis, Expert systems, Prioritization, Product Management, Project Management, ROI, Requirements, Requirements Models, Use Cases
Tagged managing data, optimization, Prioritization, prioritizing use cases, time boxes, time boxing, timeboxes time-boxes, timeboxing, use cases, value maximization
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APR: Process Deviation?
Rolf presented a valid critique and some questions on our previous article announcing the launch of nexus. I started writing a long response, and realized it would work well as an article for analysis of our process over the last month. Here it is.
Prioritization With ROI and Utility
Prioritization with ROI is generally thought of as a quantitative analysis. For hard ROI, that is true. For soft ROI, it is anything but true. You have to make a prediction of the utility of the requirement or feature. That predicted utility is based on our expected utility, which is based on your past experiences. Your past experiences are reflected in remembered utility, which is a function of experienced utility. How can you know with certainty, and use that to prioritize requirements or features?
Posted in Business Analysis, Prioritization, Product Management, ROI, Requirements
Tagged agile software, calculating return on investment, calculating roi, expected value, fixed costs, managing data, measuring roi, net present value, NPV, Prioritization, return on investment, risk, ROI, software cost estimate, utility, variable costs
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Posted in Design, Prioritization, Product Management, Requirements, Requirements gathering
Tagged brainstorming, collective intelligence, dumbness of crowds, eliciting requirements, idea seeding, managing data, passion of individuals, Prioritization, prioritizing requirements, requirements elicitation, Requirements gathering, wisdom of crowds
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