Business Analysis / Prioritization / Product Management / Requirements / ROI

Prioritization With ROI and Utility

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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?

Prioritization / Product Management / Requirements / Requirements gathering

Interrelation Digraphs As Prioritization Tool

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Prioritization can be hard, especially when we’re dealing with a lot of variables. Peter Abilla, at shmula.com takes a fairly esoteric tool (interrelation digraphs) and applies it as a prioritization tool. Opthamologists have learned that they can’t show us a bunch of blurry images and have us tell them which one looks the best, and then prescribe a corrective lense. They have to ask us “Is it better like this? Or better like this?” Peter’s approach does the same thing, but with a quantitative edge.

Requirements / Slightly off-topic

Magic square of innovation

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Marcus Ting-A-Kee has a post on his blog with a great magic square diagram describing a perspective on innovation. This framework provides us with an easy way to assess the potential impact of an innovation. We will…

* show how to use the square
* look at some example innovations
* and use the square to prioritize requirements