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Lean Product Management
book

Lean Product Management

by Mangalam Nandakumar
May 2018
Beginner to intermediate
240 pages
6h 6m
English
Packt Publishing
Content preview from Lean Product Management

Visualizing our priorities using a 2 × 2 matrix

A cost-value 2 × 2 matrix is another great tool for visualizing the relative priorities of features.

A 2 × 2 matrix captures the value on one axis and the cost on the other. Together they form two quadrants, which can be depicted as follows:

Visualizing our priorities using a 2 × 2 matrix

Typically, the costs are a combination of development effort and technical complexity, while impact is the impact that the feature idea could have on Key Business Outcomes and customer value. However, we now have features already prioritized for us, based on the projected business outcomes represented as a number value. Also, we know that the maximum impact that ...

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Publisher Resources

ISBN: 9781788831178