The 100 Point Method is a straightforward, yet effective, prioritisation tool widely used by Product Managers within group settings to make collective decisions where there are competing options or features and limited resources.
Also known as the “100-Dollar Test” or ‘Cumulative Voting”, this method offers a democratic and collaborative approach to decision-making. When resources are limited it can be difficult to decide which options should be prioritised within a product backlog. Add stakeholders with differing opinions on which option provides most value and it can become increasingly complex to decide the most appropriate way forward. Creating a dedicated workshop involving these stakeholders to discuss and form decisions is an essential step in maintaining relations and ensuring feature buy-in.
The beauty of the 100 point method lies in its simplicity and adaptability, transcending the complexities of traditional decision-making processes, allowing for a clear and quantifiable outcome to be made. This method not only encourages active participation from all stakeholders, but also provides a transparent view of collective preferences. Furthermore, it forces stakeholders to think critically about the importance of each option, considering factors like impact, feasibility, and alignment with strategic goals.
Through turning subjective opinions into objective data, the 100 Point Method makes decisions transparent and justifiable, ensuring the most valuable initiatives are recognised and pursued.