HKSM
Prioritization Matrix
A structured method that scores and ranks initiatives or requirements using criteria that carry assigned weights.
Key Points
- Define clear criteria (e.g., value, cost, risk, compliance) and assign weights that reflect strategic importance.
- Score each option against the criteria; calculate a weighted total to determine the order of priority.
- Provides a transparent, repeatable approach that helps align stakeholders and reduce prioritization bias.
- Works well for backlog refinement, portfolio selection, and release planning; can be revisited as priorities change.
Example
A product team compares four features using criteria: customer value (40%), effort (20%), risk reduction (20%), and revenue impact (20%). They score each feature 1-5 per criterion, multiply by the weights, sum the results, and sort the features by the total to decide what to build next.
PMP Example Question
Which tool should a project manager use to systematically compare multiple features using weighted factors to produce an ordered backlog?
- MoSCoW technique
- Prioritization Matrix
- Kanban board
- Affinity diagram
Correct Answer: B — Prioritization Matrix
Explanation: A prioritization matrix applies weighted criteria to score and rank items, producing a defensible order of work.
