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Prioritization Techniques for PMs: Methods for Prioritizing Tasks and Features in a Product Backlog

If you’re a product manager (PM), you’ve probably heard about prioritizing tasks and features in your product backlog. Prioritization is a critical skill that helps you and your team focus on what’s most important: delivering the best product possible. In this post, I’ll share easy-to-understand methods to help you prioritize tasks and features effectively.

Why is Prioritization Important?

Imagine you have a long list of things to do but only so much time. If you try to do everything at once, you might not do any of it well. By prioritizing, you decide which tasks are most important and do those first. This way, you ensure the most critical work gets done, and your product improves in the best way possible.

Techniques for Prioritizing Tasks and Features

The Eisenhower Matrix: This method, named after Dwight D. Eisenhower, helps you sort tasks into four categories:

  • Urgent and Important: Do these tasks first.
  • Important but Not Urgent: Schedule time to do these tasks.
  • Urgent but Not Important: Delegate these tasks if you can.
  • Not Urgent and Not Important: These tasks can be eliminated.

To use the Eisenhower Matrix, list all your tasks and place each in the correct box. This will help you see which tasks need immediate attention and which can wait.

MoSCoW Method: The MoSCoW method helps you prioritize by dividing tasks into four categories:

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