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Framework for Quick Assessment of Product Ideas

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01/11/2024

16:00 UTC

Online

English

Free

About the event

Sorting through ideas is crucial when crafting a product roadmap, as it prevents your company from investing time and resources in ideas that may not yield any tangible benefits. A pre-defined framework serves as a valuable tool for conducting preliminary analysis and assessment of ideas, offering clarity on what deserves a spot in the product roadmap. In this meetup, the speaker will introduce a framework designed to fast-track idea validation before diving into detailed exploration and development.

The meetup consists of the following parts:

  • First, the speaker will introduce the framework designed to simplify the assessment of product ideas. It helps quantify their potential through a scoring system;
  • Then, using various criteria and available factual data, the framework will calculate scores for ideas so that they can be prioritized;
  • As a result, we’ll create a score calculator used to prioritize product backlogs. It helps sort out ideas with lower feasibility and focus on those that matter most.

The event will be interesting for:

Business analysts interested in switching to or exploring product management roles; Product owners looking to enhance their understanding of product creation stages; Product managers seeking to identify and address product development issues effectively.

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Topics and speakers

Vadim Rutkevich

Vadim Rutkevich

Business Analyst

16:00 UTC

Framework for Quick Assessment of Product Ideas

About the topic

In this meetup, we’ll introduce a framework designed to simplify the assessment of product ideas that helps quantify the probability of their success. Using various criteria and available evidence, the framework calculates scores to prioritize ideas. In the end, we’ll create a score calculator used to prioritize product backlogs – it helps sort out ideas with lower feasibility and focus on those that matter most.

About the speaker

Vadim is an ex-B2B SaaS product manager with over 6 years of industry experience. He successfully built and launched multiple products by leveraging his expertise in product strategy, customer development, and decision-making with limited data. Vadim knows market dynamics, consumer behavior, and competitor analysis inside out, which allows him to identify market opportunities and develop compelling product roadmaps aligned with business objectives.

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