Impact and Effort Prioritization Matrix

The Impact and Effort Prioritization Matrix is a decision-making/prioritization practice for the selection of ideas (such as functional feature ideas, performance ideas, other non-functional ideas, platform growth ideas, and so on).

This practice opens up product development for the whole team (which really understands effort) and connects them to stakeholders (who really understand impact). Developing new products goes hand in hand with the generation of ideas, hypotheses, and their testing/validation. Unfortunately, it is mostly impossible to test and evaluate all the ideas and hypotheses we can come up with. This requires us to filter and prioritize which of them to work on.

This matrix is simple, easy to understand, and very visual, and can include the whole team in the process of transparent selection of ideas and hypotheses to work on first. It also helps Product Owners and Product Managers build the product roadmaps and Product Backlogs...