Prioritization is often stressful and energy-consuming. With many competing priorities, multiple stakeholders' requests, and several initiatives, defining what's more important is challenging.
Prioritization matrices, like effort versus impact, simplify the complexity of determining priorities by visualizing them based on input criteria, although not scientifically precise.
The value versus effort matrix provides a rapid way to pre-prioritize tasks. It allows for quick sorting of items, enabling focus on the most crucial tasks.
From my experience, the simplest methods in product management usually yield the best results. We often overestimate the need for scientific precision in this field.
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