Vikram Asokan’s Post

How to measure the effectiveness of product framework implementation? Recently, while defending a proposal to implement a product framework, a colleague and I received a question from the Customer about how to measure the effectiveness of our work. It is clear that you need to customize your answer for everyone, but based on observation of 15 implementation projects, you can answer these parameters: 🔶Development speed. The product framework helps optimize development processes, speed up development cycles and release of new product versions. You can compare T2M before and after implementation. 🔶Product quality. Improving the planning, design, and testing process can lead to improved product quality, fewer errors, and increased user satisfaction. A product framework helps the team better understand customer needs and expectations, which can lead to increased customer satisfaction and retention. You can compare NPS before and after, number of errors before and after. 🔶Team performance. Streamlining work processes, clear division of responsibilities and roles, and improved communication between team members can improve team productivity. You can count the number of tickets per person before and after implementation. 🔶Project profitability. More efficient use of resources, reduced time to develop and release a product, and improved product quality can have a positive impact on the profitability of the project. You can compare the average ROI of implementation before and after implementation. 🔶Level of user participation. The implementation of a product framework can promote greater user involvement in the development process, allowing you to respond more quickly to their needs and preferences. You can calculate what share of the audience was involved in the product and what is now. 🔶Product innovation. Creating an environment conducive to innovation and developing a culture of experimentation can lead to new ideas and opportunities for product improvement. You can count how many new hypotheses there were before and how many after implementation. I'd love to know your thoughts on these parameters. Have they worked in your experience or are there other elements you've found helpful? Don't hesitate to share your thoughts or experiences in the comments below. #productowner #productmanagers #agile #scrum #scrumagile #agilecoaching #scrumretrospective #productmanagement #productmanager #productdevelopment #productgrowth #scrumcoaching #scrummaster #productdesign #productinnovation

Struggling to manage your product backlog as a PO? Here are four effective prioritization techniques to help you streamline and focus on what truly matters: 1.Stack Ranking: Order each backlog item by priority, ensuring there’s always a clear top item. This reduces confusion and makes prioritization more accurate. 2.Kano Model: Categorize features based on customer needs: ✅Must-Be: Essential features. ✅Attractive: Features that delight customers. ✅One-Dimensional: Features that impact satisfaction. ✅Indifferent: Features with no impact on satisfaction. ✅Reverse: Features that annoy when present but please when absent. 3.MoSCoW Method: Prioritize features into: ✅Must Have: Critical for release. ✅Should Have: Important but not vital. ✅Could Have: Desirable but less important. ✅Won’t Have: Agreed to exclude for now. 4.Cost of Delay: Prioritize based on the cost per time unit of delaying delivery using Weighted Shortest Job First (WSJF). 👍Use these techniques to effectively manage your backlog and find what works best for your team and product! #agile_mindset #agileprojectmanagement #agile #productowner #productinnovation #innovationmanagement #backlog #products #scrummaster #scrum #projectmanagement #productdevelopment #productmanagement #designthinking #productstrategy #productleadership

In the world of product management, prioritization is key to driving success and delivering value. With so many frameworks available, it can be challenging to know which one to use. Here’s a quick guide to help you decide: 1. MOSCOW (Must Have, Should Have, Could Have, Won't Have) When to Use: Perfect for time-boxed projects like Agile sprints or when resources are limited. It helps ensure critical features are prioritized while allowing flexibility for less critical ones. 2. KANO Model When to Use: Ideal for understanding customer satisfaction and prioritizing features that will delight your users. Use it when you need to balance basic needs, performance improvements, and wow factors. 3. Effort vs Impact When to Use: Great for quick assessments of potential return on investment. Use this framework when you need to balance workload and maximize ROI by focusing on high-impact, low-effort tasks first. 4. RICE (Reach, Impact, Confidence, Effort) When to Use: Best for data-driven decisions. Prioritize initiatives by quantitatively assessing their potential value versus the cost. Perfect for product features or marketing campaigns. 5. WSJF (Weighted Shortest Job First) When to Use: Commonly used in Agile frameworks like SAFe. Prioritize work items based on their cost of delay and time to complete. Ensures the most valuable work is done first. Which framework do you find most effective for your projects? Share your experiences in the comments!👇 #ProductManagement #ProductManager #Prioritization #Agile #Frameworks #MOSCOW #KANO #RICE #WSJF #EffortVsImpact

Struggling to maintain a 𝗰𝗹𝗲𝗮𝗻 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗯𝗮𝗰𝗸𝗹𝗼𝗴 ? Here are 𝟳 easy tips to declutter and streamline your backlog effectively! 1️⃣ **𝗥𝗲𝗴𝘂𝗹𝗮𝗿 𝗚𝗿𝗼𝗼𝗺𝗶𝗻𝗴 𝗦𝗲𝘀𝘀𝗶𝗼𝗻𝘀**: Schedule regular backlog grooming sessions to review, prioritise, and refine items. This helps keep the backlog clean and ensures that it reflects the most up-to-date priorities and requirements. 2️⃣ **𝗙𝗼𝗰𝘂𝘀 𝗼𝗻 𝗩𝗮𝗹𝘂𝗲**: Keep the backlog focused on delivering value to the users and the business. Remove or deprioritise items that no longer align with strategic goals or provide little value to the product. 3️⃣ **𝗟𝗶𝗺𝗶𝘁 𝗪𝗜𝗣**: Avoid overloading the backlog with too many items. Limit work in progress (WIP) by only adding items that are ready for implementation. This prevents the backlog from becoming bloated and overwhelming. 4️⃣ **𝗖𝗹𝗲𝗮𝗿 𝗔𝗰𝗰𝗲𝗽𝘁𝗮𝗻𝗰𝗲 𝗖𝗿𝗶𝘁𝗲𝗿𝗶𝗮**: Ensure that each backlog item has clear and concise acceptance criteria. This helps prevent ambiguity and ensures that everyone understands what needs to be done to complete the item. 5️⃣ **𝗥𝗲𝗺𝗼𝘃𝗲 𝗗𝘂𝗽𝗹𝗶𝗰𝗮𝘁𝗲𝘀**: Regularly scan the backlog for duplicate or redundant items and remove them to avoid confusion and duplication of effort. 6️⃣ **𝗔𝗿𝗰𝗵𝗶𝘃𝗲 𝗼𝗿 𝗖𝗹𝗼𝘀𝗲 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲𝗱 𝗜𝘁𝗲𝗺s**: Once an item is completed, archive or close it to keep the backlog focused on active work. This helps maintain clarity and prevents completed items from cluttering the backlog. 7️⃣ **𝗙𝗲𝗲𝗱𝗯𝗮𝗰𝗸 𝗟𝗼𝗼𝗽**: Encourage feedback from the team and stakeholders on the backlog structure and content. Use feedback to continuously improve the backlog grooming process and keep it aligned with evolving needs and priorities. By implementing these strategies, you can keep your product backlog clean, organized, and focused on delivering value to your users and business! #ProductManagement #Agile #BacklogManagement #ProductOwner ~~ If you found this post helpful, repost ♻️ this and follow The Product Leap for daily content at 𝟭𝟭 𝗔𝗠 & 𝟱:𝟯𝟬 𝗣𝗠 𝗜𝗦𝗧.

Stay ahead of the competition in a fast-paced environment with iterative and collaborative agile and product management services. 🌐 Discover strategies for streamlining your projects: https://lnkd.in/eagKGyCk #agile #product #management

During Product Lifecycle Management, here’s how I challenge myself to stay in control and ensure excellence. #ProductManagement #ProductDevelopment #ProductStrategy #ProductLifecycle #Innovation #ProductDesign #ProductOwner #ProductLeadership #ProjectManagement #Tech #Agile #ProductRoadmap #BusinessStrategy #MarketResearch

🚀 Calling all Product Owners! Are you ready to take your product to the next level? Here are 10 tips to help you steer the ship towards success: 1️⃣ Customer-Centricity: Keep the customer at the center of everything you do. Understand their needs and pain points. 2️⃣ Clear Vision: Define a crystal-clear vision for your product. Share it with your team to align everyone's efforts. 3️⃣ Prioritize Ruthlessly: Not everything can be a priority. Use frameworks like MoSCoW or the Value vs. Effort matrix to make informed decisions. 4️⃣ User Stories: Write user stories that are specific, measurable, achievable, relevant, and time-bound (SMART). 5️⃣ Collaboration: Work closely with your development team, Scrum Master, and stakeholders. Foster a collaborative environment. 6️⃣ Feedback Loop: Gather feedback early and often. Incorporate it into your product's evolution. 7️⃣ Market Research: Stay up-to-date with industry trends and competitors. This knowledge is invaluable. 8️⃣ Minimal Viable Product (MVP): Launch early with essential features. Learn from user feedback and iterate. 9️⃣ Data-Driven Decisions: Use analytics to measure the impact of your features. Data should guide your roadmap. 🔟 Adapt and Pivot: Be flexible. Markets change, and so should your product strategy. Being a Product Owner is a thrilling journey of innovation and problem-solving. By following these tips, you'll be better equipped to steer your product towards success! 🚀📈 #ProductOwner #ProductManagement #Innovation #AgileDevelopment #CustomerCentricity #Agile #Scrum

Incorporating user feedback while facing a tight product release deadline. Handling user feedback efficiently under a tight product release deadline involves a streamlined approach: Prioritize Feedback: Quickly assess and prioritize user feedback based on its impact and relevance to the core functionality of your product. Focus on feedback that addresses critical issues or high-value improvements that can significantly enhance the user experience. Implement Quick Wins: Identify and address quick wins—minor adjustments that can be made swiftly and have a noticeable impact. This helps in making immediate improvements without derailing the overall timeline. Use Agile Methods: Apply agile practices, such as short sprints and iterative updates, to integrate feedback incrementally. This allows you to address issues in phases rather than waiting until the end of the release cycle. Limit Scope Changes: Be cautious about incorporating extensive feedback that may require significant changes or additions. Ensure that any modifications align with the core objectives of the release to avoid scope creep. Leverage Beta Testing: If possible, use beta testing to gather targeted feedback from a smaller user group. This can provide valuable insights without overwhelming the development team with feedback from the broader user base. By prioritizing and managing feedback effectively, you can enhance your product within the constraints of a tight deadline while maintaining focus on the overall release goals. #productmanagement #product #userfeedback #productlaunch

Product Roadmap, Delivery Plan, or BOTH?   As an Agile Delivery Manager, it is important for me to know the difference between a roadmap and a delivery plan, as well as the 'how' and 'when' to use each one. A product roadmap: 📍A high level visual summary of the product goals and objectives, telling you the "what" and "why" of the product. 📍An exploratory and informative tool to summarise product strategy and direction. 📍A reference throughout the product development life cycle contains themes, epics, goals. 📍Can span a year or more depending on how long it takes to achieve the product objectives.   A delivery plan on the other hand: 📌Detailed granular "how" of the product strategy. 📌A practical and applicable tool to action the roadmap. 📌Actionable plan of features, tasks, enhancements. 📌Contains start and end dates with milestones. 📌Is usually set out in phases of sprints or weeks   Good practice for effective product planning is to begin with a Product Roadmap which can help communicate the strategic vision to stakeholders and help to get a buy in and a sign off. The Delivery Plan can subsequently be created as an off-shoot of the roadmap with the granular details for iterative release of product features and enhancements. #productdevelopment #agiledelivery #productdevelopmentlifecycle Image courtesy roadmunk.com

💡 𝐇𝐨𝐰 𝐜𝐚𝐧 𝐲𝐨𝐮 𝐚𝐝𝐚𝐩𝐭 𝐲𝐨𝐮𝐫 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 𝐛𝐚𝐜𝐤𝐥𝐨𝐠 𝐭𝐨 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐫𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬? In today's dynamic business environment, adaptability is key to success. As your product evolves and market demands shift, it's essential to ensure that your backlog remains flexible and responsive to changing requirements. At Eview-Software, we understand the importance of maintaining a dynamic product backlog. 𝐎𝐮𝐫 𝐭𝐞𝐚𝐦 𝐨𝐟 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐝 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 𝐦𝐚𝐧𝐚𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐝𝐞𝐯𝐞𝐥𝐨𝐩𝐞𝐫𝐬 𝐚𝐫𝐞 𝐬𝐤𝐢𝐥𝐥𝐞𝐝 𝐚𝐭 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬𝐥𝐲 𝐫𝐞𝐟𝐢𝐧𝐢𝐧𝐠 𝐚𝐧𝐝 𝐩𝐫𝐢𝐨𝐫𝐢𝐭𝐢𝐳𝐢𝐧𝐠 𝐛𝐚𝐜𝐤𝐥𝐨𝐠 𝐢𝐭𝐞𝐦𝐬 𝐭𝐨 𝐦𝐞𝐞𝐭 𝐞𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐧𝐞𝐞𝐝𝐬 𝐚𝐧𝐝 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐫𝐞𝐧𝐝𝐬. Here are some strategies we employ to adapt our product backlog: 👉𝐑𝐞𝐠𝐮𝐥𝐚𝐫 𝐑𝐞𝐯𝐢𝐞𝐰: We conduct regular reviews of our backlog to reassess priorities and identify any changes or updates needed based on customer feedback, market trends, or business goals. 👉𝐀𝐠𝐢𝐥𝐞 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐢𝐞𝐬: We embrace agile methodologies such as Scrum or Kanban, which allow us to iterate quickly and adjust priorities as needed throughout the development process. 👉𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧: We foster collaboration between product owners, stakeholders, and development teams to ensure alignment and consensus on backlog priorities and changes. 👉𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭: We continuously evaluate and refine our backlog management processes to ensure efficiency and effectiveness in responding to changing requirements. By implementing these strategies, we ensure that our product backlog remains agile and adaptable, enabling us to deliver high-quality products that meet the evolving needs of our customers and the market. 🚀Ready to adapt your product backlog to changing requirements? Partner with Eview-Software for expert guidance and support. #ProductDevelopment #AgileMethodologies #ProductBacklog #Adaptability #SoftwareDevelopment"