Product Backlog Prioritization
The product backlog is the primary source of work for the team and it must be kept organized based on its importance. The act of determining which items should be done first based upon stakeholders' needs and financial benefit is called Product Backlog Prioritization. The Product Owner is responsible for this activity, and prioritization techniques can include ranking, using a scoring matrix or by determining the business value. Its importance lies in making sure the team is working on the most valuable features first and foremost.
Guide to Product Backlog Prioritization
The term Product Backlog Prioritization comes from the Agile methodology and is associated with the Scrum framework.
What is Product Backlog Prioritization?
The concept refers to the process of prioritizing the product backlog items such as features, bug fixes, technical work, and knowledge acquisition.
Why is it important?
Product Backlog Prioritization is crucial to ensure efficient workflow and maximize team productivity. It allows the project to focus on high-value items first, thus delivering value incrementally.
How does it work?
Prioritization typically follows a series of steps: From defining the priority criteria (like business value, cost, risk), to assigning scores to each backlog item based on these criteria, and finally ordering the backlog according to these scores.
Exam Tips: Answering Questions on Product Backlog Prioritization
1. Understand the concept: Familiarize yourself with the entire process and its implications.
2. Relate to real-life situations: This not only helps in understanding but also in remembering the process.
3. Be aware of common pitfalls and misconceptions: Understanding what backlog prioritization isn't can sometimes be as important as understanding what it is. For instance, it does not necessarily equate to a sequence for product development.
4. Use of appropriate terminologies: Use the correct terms and ensure they are used in the correct context.
5. Practice, practice, practice: Familiarize yourself with likely questions and the model answers to them.
Go Premium
Professional Scrum Master I Preparation Package (2024)
- 2149 Superior-grade Professional Scrum Master I practice questions.
- Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
- Unlock Effortless PSM I preparation: 5 full exams.
- 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
- Bonus: If you upgrade now you get upgraded access to all courses
- Risk-Free Decision: Start with a 7-day free trial - get premium features at no cost!