Using Prioritization Methods (RICE, ICE, MoSCoW, I/E)

How to Prioritize Features in ProductLift

Prioritizing features in ProductLift is a crucial step in managing your product development effectively. This guide will walk you through the process of using the prioritization tools available in ProductLift.

Step-by-Step Guide

1. Accessing the Wishlist

• Start by clicking on the Wishlist tab in your ProductLift dashboard. This is where you can manage and prioritize your features.

2. Score-Based Prioritization

• Click on Score-Based Prioritization to access the prioritization view. Here you'll see all posts with the selected status.

3. Managing Statuses

• By default, the statuses shown are from your wishlist. To customize, click on Select Statuses and adjust them according to your needs.

4. Choosing a Prioritization Framework

• Select a prioritization framework that fits your strategy. Options include:

  • RICE (Reach, Impact, Confidence, Effort)
  • ICE (Impact, Confidence, Effort)
  • Impact/Effort
  • MoSCoW (Must have, Should have, Could have, Won't have)

• Enter specific values for the chosen framework to prioritize your features effectively.

5. Utilizing Additional Tools

• Votes and Conversion Rate: Easily view the number of votes and the conversion rate (votes/views) for each feature.
• Color Coding: Set colors to define your workflow. For instance, green for completed tasks and blue for follow-ups. This helps in quickly identifying the status of each feature.
• Reordering and Exporting: Automatically reorder scores and export the prioritization view to Excel or CSV by clicking Export.
• Adding Posts: You can add new posts directly from this view if needed.
• Full-Screen Mode: For team sessions, click the Full Screen button to view all prioritization items on a larger scale.

6. AI-Powered Prioritization

• To use AI for prioritization, click on Wishlist to return to the main view, then select Prioritize with AI.
• Assuming you have a defined product vision, click the Prioritize with AI button.
• The AI will provide the top 5 prioritized posts along with insights on why they are most relevant.

Tips for Effective Prioritization

• Regularly Update Statuses: Keep your statuses updated to reflect the current state of each feature.
• Engage Your Team: Use the full-screen mode during team sessions to facilitate collaborative decision-making.
• Leverage AI Insights: Use AI insights to validate your prioritization decisions and ensure alignment with your product vision.

By following these steps, you can effectively prioritize your features in ProductLift, ensuring that your development efforts align with your strategic goals.