Building my startup to $10k/mo while working full-time, all in 2 hours a day using AI coding. Documenting my journey from employee to founder. I enjoy vibe coding, building products, discussing tech trends and gardening.
Unclear and conflicting priorities can disrupt your timeline and cause product delays. If you want to do everything at once, you won’t be able to do anything. Instead, focus on the most critical items and add everything else in the backlog to consider later. There are many prioritization frameworks available to help you. Pick one of the frameworks, define your criteria, and score and rank all the items. Let’s dive in, 1. MoSCoW Method The MoSCoW method helps you categorize tasks into Must Have, Should Have, Could Have, and Won’t Have. This framework is crucial because it ensures you focus on the most critical features first. To use this method, list all your tasks and classify them into these four categories to prioritize essential features and address less critical ones later. 2. RICE Scoring Model The RICE model evaluates tasks based on Reach, Impact, Confidence, and Effort. (Reach * Impact * Confidence) / Effort = RICE Score List all the features and assign scores to each criterion, then calculate the RICE score to rank them. This method is effective because it quantifies the potential value (impact) and effort required for each feature. 3. Kano Model The Kano model differentiates between basic features, performance features, and delighters. Researcher Noraki Kano developed it to help product managers prioritize features and updates based on customer needs. This framework is important because it helps you understand what features will meet basic user needs and which ones will exceed expectations. 4. Value vs. Effort Matrix The Value vs. Effort Matrix helps you plot features on a 2x2 grid based on their value and the effort required. This visualization makes it easy to identify high-value, low-effort items. Plot each feature on the matrix and focus on those in the high-value, low-effort quadrant. This ensures that you’re investing your resources in the most efficient way possible. 5. Weighted Scoring Weighted Scoring involves assigning weights to different criteria based on their importance and scoring each feature accordingly. Define your criteria, assign weights, and score each feature to prioritize those that score the highest. 6. Cost of Delay The cost of Delay evaluates the economic impact of delaying each feature. This approach helps you prioritize features that, if delayed, would result in significant financial loss. Calculate the cost of delay for each feature and prioritize those with the highest cost to minimize financial impact. 7. Opportunity Scoring Opportunity Scoring focuses on identifying opportunities based on customer needs and the difficulty of meeting those needs. By following these frameworks, you’ll be well on your way to effective prioritization in product development. Work on the highest priority items and avoid spending efforts on less important work. This will help you stay focused, avoid unnecessary work, and ensure timely product launches.