Product design is about cost-benefit analysis
At its core, product design is about cost-benefit analysis, and it's key to determine how useful a certain feature will be versus how hard is it to build. Here is a useful framework to help your analysis.
Product design is about cost-benefit analysis. How useful is something versus how hard is it to do. Here’s how I think of it:
Every type of feature can be identified as belonging to one of four quadrants: low reward and low effort; low reward and high effort; high reward and low effort; and high reward and high effort.
It’s important to know which quadrant you’re building in and if you’re wise, you’ll steer clear of the upper left for all but the most essential of features.
This excerpt was first published in Intercom on Product Management. Head this way to read more.