Return On Investment

//Return On Investment

Return On Investment

“A finance concept: for every dollar you invest, how much are you getting back? In product, think of the resources you have (time, money, people) as what you’re “investing”, and the return as impact to customers.

“The resources available to a product team are time, money, and [the number and skill of] people. When you’re comparing possible projects you could take on, you should always choose the one that maximizes impact to customers for every unit of resources you have.” — Brandon Chu

Source:
Product Management Mental Models for Everyone

2018-09-25T06:02:19+00:00