Create a Weighted Scorecard in Google Sheets
Construct a weighted scorecard in Google sheets and select business critical criteria to prioritize features.
Learn how to score features' priority ranking using Fibonacci numbers and two factor matrices.
Visualize scorecard results and determine the correct priority order for feature development.
In this 2 hour long project-based course, you will create a weighted scorecard in Google Sheets and learn how to interpret the outcomes to prioritize product features. In the process, you will review the basics of this prioritization framework, as well as the use of Fibonacci numbers for estimating and Google Sheets functionality. Because time and resources are limited, prioritization is a critical skill that product managers must master in order to optimize product value and minimize development time and costs. There are several frameworks for prioritization which can be used individually or in combination. The weighted score card is one commonly used framework that helps provide objectivity in the decision making process. Note: This course works best for learners who are based in the North America region. We’re currently working on providing the same experience in other regions.
Skills you will develop
Learn step-by-step
In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:
Construct a weighted scorecard template in Google Sheets
Select prioritization criteria that meet stakeholder needs and align with the product lifecycle
Use Fibonacci numbers to estimate prioritization criteria scores
Use two factor matrices to determine prioritization criteria scores
Create a chart in Google Sheets to visualize the weighted and unweighted scorecard results.
Interpret a value vs cost chart from a weighted scorecard and determine feature priority order.
How Guided Projects work
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In a split-screen video, your instructor guides you step-by-step
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