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Template Description
Why I created Roadmap Priority Matrix?
A Roadmap Priority Matrix is a productivity tool that helps you categorize your features and roadmap items based on their Value, Effort, Confidence level, and Risk Level. The matrix is divided into four quadrants as follows:
- Build Now: Items in this quadrant are the best to start with. They should be the first priority and completed as soon as possible.
- Test Further / Split: Items in this quadrant are either to big and need to be broken down, or lack the necessary confidence level to build them right away, therefore requiring more testing and validation with customers.
- Parking: Items in this quadrant are in the gray zone. They might have too high of a risk factor or too low of a confidence level.
- Kill: Items in this quadrant should not be built as they lack in all of the areas.
The Notion template for a Roadmap Priority Matrix provides a digital space to list and categorize Roadmap Items.
This is a great tool for Product Managers and Product Development teams that will improve and streamline your Roadmap Planning Process!
How to use the template?
- Download the template
- Duplicate it in your own Notion workspace
- Now you can easily use the template
What are the benefits of the template?
- Clear Categorization: The matrix helps you categorize your features and roadmap items based on essential factors such as Value, Effort, Confidence level, and Risk Level. This clarity aids in prioritizing tasks and making informed decisions.
- Efficient Resource Allocation: By organizing items into four distinct quadrants, the matrix enables you to allocate resources effectively, focusing on high-value and low-risk tasks while deprioritizing items with low confidence levels.
- Improved Decision-Making: The visual representation of the matrix allows for quick and intuitive decision-making. It helps you identify which tasks to tackle first and which ones require further testing or reassessment.
- Streamlined Prioritization: Items in the "Build Now" quadrant are marked as top priorities, ensuring that the most valuable and feasible tasks are addressed promptly, enhancing overall productivity.
- Effective Risk Management: The matrix highlights items with high risk factors or low confidence levels, enabling you to address potential challenges and uncertainties proactively, reducing project risks.
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