Product value
Could you help me share what will be the measure of the value of the product?
Customer feedback only?
Have you taken a look at Evidence-Based Management (EBM)?
https://www.scrum.org/resources/evidence-based-management
Some value examples: Revenue, Cost Savings, Customer Satisfaction, Feature Usage, Emlpoyee Satisfaction
Could you help me share what will be the measure of the value of the product?
What does the Product Owner think? That's who's accountable for value, and for ensurimg that the investment being made in the product is worthwhile.
If you are the Product Owner, ask yourself what would happen if product development suddenly stopped. Who (if anyone) would complain, and why?
Probably am trying to add in few facts which I have faced while being PO:
1.why would product development stops?
list out the reasons :
1.External factors: no customer absorbs the product?
2. Doesnt it solve the pain points collected during customer interview?
3.Is it market relevant?
4.Investors dont want to fund it further?
5. Competitors have better features where customers are not looking forward to features?
6.We didnt understand the customer initial requirement right.