Decision Matrix to prioritize new features

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Resumen

When you have a product with tens of thousands of subscribed organizations, you receive tens, maybe hundreds of requests for new features… every month! The decision matrix and a formal process to prioritize features are key to wisely decide which functionalities to include in the product.

Prioritize feature request can be overwhelming

The balancing dilemma

Achieving a balance is difficult. On one hand, there are the requests of important customers, who have been loyal to the product, and if they ask for it, it is because they really need it. On the other hand, we must ensure to keep the product as simple to use as possible, giving priority to those features that have a great impact, that are intuitive, and that constitute a differential.

In this article, we try to address these challenges providing a really simple mechanism, yet very effective and immediately useful.

The feature request form

In order to manage requests for new features in a professional manner and always keeping the needs of our customers at the center, we built a formal process. And we automate it in Flokzu, of course.

The first element to automate this process is building the process form. In this form, we set-up all the fields we need to identify the feature, who has requested it, who has to be notified about it. And we also set-up the decision matrix. The following image shows part of the process form.

The Feature Request form, key element of the process automated in Flokzu.

The Decision Matrix Section

This is the most interesting section of this form. We introduce values in fields for several dimensions and the form will calculate the relevance of the feature. It will consider the value that the feature adds to the business and the complexity of building it.

The “Business Value Subtotal” is a metric that shows how much value this feature adds to the business. It is calculated as the average of the following fields:

  • Customer benefit
  • Opportunity size
  • Competitive positioning
  • Strategic alignment
  • Customer satisfaction

Each field should be completed with a natural number from 1 to 5. It is easy to fill the form, and the result is pretty easy to interpret too.

Ok, this is great. But… on the other hand, you need to take into consideration the complexity. You can seize the Complexity Subtotal, as the average of:

  • The complexity of the software development
  • The complexity of the deployment into production

Then, Decision Matrix Total = Business Value Subtotal – Complexity Subtotal

The Decision Matrix auto-calculated total value.

Please note that we use an arithmetic average, but it could also be a weighted average. You just need to assign a weight to each field and consider it when calculating Business Value Subtotal and Complexity Subtotal.

Decision matrix documentation

Of course, you might be thinking that the values that you put in the fields are subjective. Mmmm… yes. They are, but you can use the following guideline to make them much more objective:

Decision Matrix Documentation

The feature request process

Besides the decision matrix, you will need a process, in order to track every feature request. Using this process you can be confident that none feature request is lost. And most important, the customer always receives an answer, even if it is rejected.

In fact, in case of rejection, the BPMN engine will send an email to the customer (notification email field in the process form). This is done using a send task in the BPMN diagram. Of course, if the feature is accepted and goes into production, the customer will also be notified.

The Feature Request Process modeled in BPMN in Flokzu.

Once you deploy this process (form + workflow), you will have an effective tool to receive, analyze, prioritize, and respond to your customer’s feature requests in a timely and professional manner.



Or schedule here a 30 minutes session to see how you can improve and prioritize feature request using a decision matrix, in just minutes.

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Sobre el autor

Picture of Juan Moreno

Juan Moreno

I have been an entrepreneur, founder, and investor in tech companies since 2001, with a B2B vision and a focus on innovative technologies. What do I talk about? I concentrate on applied computer technology as a tool for efficiency and effectiveness in real organizations. In particular, I specialize in the digitalization and management of business processes, involving aspects of process automation, artificial intelligence, and no-code tools. I always apply a pragmatic approach, prioritizing the effective application of technologies in real businesses. My background: I am a Computer Engineer, with a PhD in Software Engineering and an MBA. I have been a university professor since 2002, currently teaching undergraduate, postgraduate courses, and giving lectures. As an entrepreneur, I founded 5 technology companies and am an angel investor in others. I am a recipient of the National Innovation Award, with dozens of academic publications and two books. My role at Flokzu: I currently serve as the Chief Strategy Officer, where I am responsible for the medium and long-term strategy of the product and the company. Part of my role is to evaluate technological trends and their incorporation to ensure that Flokzu becomes increasingly useful to our clients. It also involves understanding the reality and needs of our customers to ensure a perfect fit with what Flokzu offers. Finally, my job also includes evangelizing the discipline of Business Process Management and no-code technologies worldwide through publications, conferences, workshops, or complete courses.

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