In product development, speed and quality are two important variables. Prioritizing one is typically at the expense of the other. This tool will help you make that trade-off.
How to use it?
Your decision to prioritize speed or quality should be based on your confidence in:
- importance of the problem you're solving
- correctness of the solution to said problem
Before you start, make sure that your confidence is based on data instead of subjective views.
There are three basic outcomes:
- Is your confidence in the problem importance low? Focus on speed.
- Is your confidence in the problem and the solution high? Focus on quality.
- Is your confidence in the problem importance high, but low in the solution? Balance both speed and quality.
Of course, confidence isn't a switch but rather a scale. Therefore your outcome will be also more nuanced.