Product Development Prioritization Tool

Resource Overview

Use to evaluate product development initiatives based on strategic fit, economic impact, and feasibility.

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Your Problem

You are deciding which project development initiative you should give approval to. It is important that your decision and reasoning be easily understood by key stakeholders.

Our Solution

We created the Product Development Prioritization Tool to help you evaluate your product development initiatives based on strategic fit, economic impact, and feasibility. This tool enables you to rank company initiatives based on specific criteria. After information has been entered, this tool will generate a bubble matrix chart with results that can be clearly communicated to your team. This a great tool for presenting results to key stakeholders.

Download our free Product Development Strategy Methodology to see how this tool functions as part of a product development process.

Key Benefits

  • easy to use Excel format
  • communicate your efforts
  • save time on formatting
  • helps you evaluate your product development initiatives
  • generates a bubble matrix chart

 

Microsoft Excel Spreadsheet

Estimated Time Required: 2 Hours

Skills Required: Excel (Advanced)