{"id":33651,"date":"2019-11-08T16:26:57","date_gmt":"2019-11-08T15:26:57","guid":{"rendered":"https:\/\/zenkit.com\/?p=33651"},"modified":"2023-03-29T10:32:37","modified_gmt":"2023-03-29T08:32:37","slug":"how-to-prioritize-feature-requests-for-software-development","status":"publish","type":"post","link":"https:\/\/zenkit.com\/en\/blog\/how-to-prioritize-feature-requests-for-software-development\/","title":{"rendered":"How to Prioritize Software Development Feature Requests"},"content":{"rendered":"
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Feature prioritization is an important aspect of product development. Adding new features to your product allows you to improve it by meeting customer demands and staying ahead of the competition. However, it can be a difficult operation.<\/span>\u00a0<\/span><\/p>\n Prioritizing feature requests is an ongoing process in which product teams must collaborate to determine which new features to prioritize. Decisions must consider market competition, cost, time, and available resources, as well as align with business objectives.<\/span>\u00a0<\/span><\/p>\n <\/p>\n So, how do you know you’re making the right choice?<\/span>\u00a0<\/span><\/p>\n In this article, we’ll show you how to prioritize feature requests by considering the dimensions of each feature, as well as popular frameworks for implementing them and how the process looks from various perspectives.<\/span>\u00a0<\/span><\/p>\n The process of determining which features or functions of a product should be developed or improved first is known as feature prioritization. To prioritize features, the following dimensions can be used:<\/span><\/span>\u00a0<\/span><\/p>\n Profit is a significant factor to consider when deciding which features to prioritize. The first step may be to focus on the feature that will cost your team less to build rather than one that will cost more. However, the construction cost isn’t the only figure to consider. Consider the following example, which breaks down the figures involved in two feature requests:<\/span><\/span>\u00a0<\/span><\/p>\n Cost to build<\/span><\/i><\/p>\n A: $1,000,000\u00a0 \u00a0 \u00a0<\/span><\/i>B: $5,000<\/span><\/i><\/p>\n Revenue<\/span><\/i><\/p>\n A: $2,000,000<\/i>\u00a0 \u00a0<\/span>B: $100,000<\/span><\/i><\/p>\n Profit<\/span><\/i><\/p>\n A: $1,000,000<\/span><\/i>\u00a0 \u00a0B: $95,000<\/span><\/i><\/p>\n At first glance, it appears that feature A has the potential to generate $2 million, so why would it not be prioritized over feature B? However, if you do the math, you’ll see that B has a higher profit margin.<\/span><\/span>\u00a0<\/span><\/p>\n This dimension factors in how much value the feature adds to the company or organization developing the product. Features that are more likely to increase revenue, lower costs, or improve the organization’s competitive position are typically prioritized higher than features with less business impact. <\/span><\/span><\/p>\n Market research, such as <\/span>analyzing<\/span> customer needs and <\/span>behaviour<\/span> and examining the competition, can be used to determine business value. Prioritizing features that align with business goals and objectives is critical to ensuring the product’s financial and strategic success.<\/span><\/span>\u00a0<\/span><\/p>\n This dimension refers to how much value the feature adds to the product’s end users. Features that have a direct impact on the user experience, improve the user’s ability to achieve their goals, or provide significant benefits to the user are typically prioritized higher than less impactful features.<\/span><\/span><\/p>\n If you don’t have specific profit figures, you must estimate market risk. The market risk can influence where a feature should be placed on your priority list.<\/span>\u00a0<\/span><\/p>\n It is not uncommon for features with higher technical risks to be associated with lower market risk. A social media app, for example, is something that can be built over the weekend, but that means that almost anyone can build it, which increases market risk. Building a teleport device, on the other hand, would take much longer than a weekend and would require a lot more effort, but it would pose a much lower market risk.<\/span>\u00a0<\/span><\/p>\n Conducting user research, such as user interviews, surveys, or usability testing, can help to determine user value. To ensure the product’s success, it’s critical to prioritize features that align with the user’s needs and goals.<\/span>\u00a0<\/span><\/p>\n Each feature request brings with it its own set of technical risks. Delays, additional costs, or a feature inadvertently affecting other parts of your software in unexpected ways are all possibilities during development. Ideally, you should weigh in on each feature request and prioritize those that will not overburden your development team or process. Less risky features or those with a lower potential for negative impact on the product or project are typically prioritized higher than riskier features.<\/span><\/span><\/p>\n <\/p>\n A risk analysis can be used to determine the risks associated with a feature, which examines the potential impact of the feature on the product, the likelihood of the feature causing issues, and the ability to mitigate any potential issues. To ensure that the product is stable and reliable, prioritize features that have a low risk of causing problems.<\/span><\/span>\u00a0<\/span><\/p>\n In addition to costs, the availability of resources should be considered when prioritizing feature requests. This can include but is not always limited to, the number of development work hours, time, and effort required to create and maintain each feature.<\/span>\u00a0<\/span><\/p>\n Features that can be quickly and easily implemented are typically prioritized higher than features that require a significant amount of time or resources. A feasibility analysis, which examines the technical feasibility of the feature, the availability of resources, and the timeline for implementation, can be used to determine the effort required to implement a feature. To ensure that the product is delivered on time and within budget, it is critical to prioritize features that can be implemented efficiently.<\/span>\u00a0<\/span><\/p>\n Here’s an example of how this could work:<\/span>\u00a0<\/span><\/p>\n Feature A will take 10 weeks to complete, while Feature B will take 5 weeks.\u00a0<\/em><\/p>\n You currently have your entire team available, but keep in mind that the holiday season is approaching. Will you still have the same amount of power in 10 weeks? If yes, then perhaps feature A should be prioritized; if no, perhaps feature B should be prioritized right now.<\/span>\u00a0<\/span><\/p>\n Thinking ahead can help you avoid problems or delays that could arise if only half of your team is available in the final stages of development.<\/span>\u00a0<\/span><\/p>\n Because there are many different people involved in product development, and everyone wants to add their two cents, team risk is another dimension to consider when prioritizing feature requests.<\/span><\/span><\/p>\n
\n11 Dimensions of Feature Prioritization<\/strong><\/h2>\n
1. Estimated Profit<\/b><\/h3>\n
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\n2. Business Value<\/b><\/h3>\n
\n3. User Value<\/span>\/Market Risk<\/span><\/span><\/b><\/h3>\n
\n4. Technical Risk<\/b><\/h3>\n
\n5. Technical Complexity\/Effort\/Resource Availability<\/strong><\/h3>\n
\n6. Team Risk<\/b><\/h3>\n