Product prioritization is all about trade-offs. New features, customer feedback, and technical issues all compete for limited resources. Prioritization determines not just what to build next—but why. It’s a structured way to evaluate, rank, and choose the initiatives that drive maximum impact.
Role of the Product Manager
It starts with the Product Manager. As a decision-maker across teams, the PM orchestrates a clear prioritization process, anchored in three essential activities:
Estimation: Assessing scope, complexity, and effort required.
Prioritization: Ranking initiatives based on strategic fit and customer value.
Selection: Choosing which initiatives align best with team capacity.