【Impact Effort Matrix】A tool to help analyze priorities and evaluate the quadrant to which a requirement mission belongs for work prioritization
The Impact Effort Matrix is a tool to help analyze priorities. The four quadrants are delineated with "Effort" as the horizontal axis and "Impact" as the vertical axis.
- Low effort, high impact: a relatively low input can significantly impact the goal. If some tasks in this category are found, do them quickly.
- High effort, high impact: tasks in the quadrant are focal points that require efforts of longterm planning and have a high impact.
- Low effort,low impact: the tasks require little effort and impact and can be attended to later.
- High effort, low impact: choose not to do.
The Impact Effort Matrix can fit into workflows. When a mission comes in, team members can use the matrix to analyze and evaluate which quadrant the mission should belong to; and then prioritize and schedule the work to increase productivity and deliver results with the highest value. If a team comes up with different solutions for the mission, members can also use this matrix to categorize the solutions.