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Feature Prioritization

Feature prioritization is the process of determining the order in which features should be developed and released based on their expected impact on the product's success. This involves assessing the value, cost, and risk associated with each feature.

Example

Spotify uses a variety of feature prioritization techniques, including the RICE scoring model (Reach, Impact, Confidence, Effort), to decide which new features to develop for their music streaming service. This ensures that they focus on features that will provide the most value to their users.