Product Management Dictionary

The Product Management Dictionary: INVEST criteria

Learn about the INVEST criteria in product management with our comprehensive dictionary.

As a product manager, it is essential to ensure that your development team is building features that are valuable to your users and deliver business value. The INVEST criteria is a product management framework widely used to assess the quality of product backlog items, specifically user stories. This article will explore the concepts behind INVEST criteria, their benefits, and how to apply them to your product management processes.

Understanding the INVEST Criteria

The INVEST acronym stands for Independent, Negotiable, Valuable, Estimable, Small, and Testable. Each criterion represents a standard that can guide a product manager in defining and prioritizing user stories. By adhering to these criteria, you can ensure that the user stories are written clearly, understood by all stakeholders, and can be developed and delivered in a timely manner.

The Importance of INVEST in Product Management

INVEST criteria are particularly important in Agile product development methodologies such as Scrum or Kanban. These methodologies emphasize iterative development and emphasize building a product that meets the customer's needs. INVEST criteria enable the development team to identify and focus on product features that can add value to the product and avoid developing unnecessary features that delay the project's delivery or do not provide any real benefit to the user.

For example, let's say you are developing a mobile app for a retail store. By using the INVEST criteria, you can prioritize user stories that add value to the customer, such as allowing them to easily browse products and make purchases, while avoiding features that may not be necessary, such as a complex rewards program that may not be used by most customers.

Furthermore, the INVEST criteria can also help product managers and development teams identify potential roadblocks in the development process. For example, if a user story is not independent or well-defined, it may require additional clarification or input from stakeholders, which can delay the project's delivery. By adhering to the INVEST criteria, you can identify and address these potential roadblocks early on in the development process.

Origins of INVEST Criteria

The INVEST criteria were first coined by Bill Wake, a consultant, and XP expert. The criteria were designed to help Agile development teams create user stories that were independent of one another, well-defined, and could be accomplished within a sprint.

Since their inception, the INVEST criteria have become a widely accepted standard in Agile development methodologies, and are used by product managers and development teams around the world to ensure that their products are developed efficiently and meet the needs of their customers.

In conclusion, the INVEST criteria are an essential tool for product managers and development teams who want to develop products that are valuable, well-defined, and can be delivered in a timely manner. By adhering to these criteria, you can prioritize user stories that add value to the customer, avoid unnecessary features, and identify potential roadblocks early on in the development process.

Breaking Down the INVEST Acronym

The INVEST acronym is a set of criteria that are used to evaluate user stories. These criteria help ensure that user stories are well-defined, actionable, and provide value to the product being developed. Let's take a closer look at each criterion:

Independent

Independent user stories are an essential criterion for agile development. They allow the development team to work on different features simultaneously, promoting iterative development and faster delivery. Independent user stories are self-contained, specific, and not dependent on anything else to be developed or deployed. This means that each story can be developed and delivered without relying on other user stories.

For example, imagine that you are developing a new e-commerce website. An independent user story might be to allow customers to create an account. This feature can be developed and delivered without relying on any other feature, such as the ability to add items to a cart or complete a purchase.

Negotiable

A negotiable user story is one that is open to discussion and refinement. The development team should be able to clarify the story's requirements, acceptance criteria, and their understanding of how to develop the feature. The story should be flexible enough to accommodate changes as required.

For example, imagine that you are developing a new mobile app. A negotiable user story might be to allow users to log in using their social media accounts. During the refinement process, the development team might decide to add additional login options or change the user interface to make the feature more user-friendly.

Valuable

A valuable user story must add value to the product being developed. The feature should align with the product vision, meet customers' needs, and deliver business value. The development team should prioritize stories based on their expected benefits to ensure they are adding relevant functionality to the product.

For example, imagine that you are developing a new project management tool. A valuable user story might be to allow users to assign tasks to team members. This feature adds value to the product by improving team collaboration and task management, which is essential for project success.

Estimable

An estimable user story is one that can be estimated accurately. The story should be broken down into smaller, more manageable pieces so that effort estimates can be calculated to the nearest degree of accuracy. This criterion helps the development team allocate the necessary resources and budget required to complete the task.

For example, imagine that you are developing a new video editing software. An estimable user story might be to allow users to add text overlays to their videos. The development team can break this feature down into smaller tasks, such as designing the user interface, developing the text overlay functionality, and testing the feature. This allows the team to estimate the effort required for each task accurately.

Small

A small user story should be as small as possible to be understandable and manageable. The story should be focused on a single feature that is valuable and can be completed within one sprint. Smaller stories are easier to estimate, simpler to test, and can be delivered faster.

For example, imagine that you are developing a new fitness app. A small user story might be to allow users to track their daily water intake. This feature is small, focused, and valuable to users who want to maintain a healthy lifestyle. It can be completed within one sprint and easily tested and delivered to users.

Testable

A testable user story should have acceptance criteria that are clear and measurable. The development team should be able to test the feature to verify that it meets the requirements. Testing ensures that the feature has been developed correctly and that it works as expected.

For example, imagine that you are developing a new online booking system. A testable user story might be to allow users to book a hotel room. The acceptance criteria for this feature might include verifying that users can select their preferred dates, view available rooms, and complete the booking process successfully.

By following the INVEST criteria, development teams can ensure that their user stories are well-defined, actionable, and provide value to the product being developed. This approach promotes agile development, iterative delivery, and customer satisfaction.

Implementing INVEST in Your Product Management Process

When implementing the INVEST criteria into your product management process, you must educate your team on the importance of creating high-quality user stories. The INVEST criteria is an acronym that stands for Independent, Negotiable, Valuable, Estimable, Small, and Testable. It is a set of guidelines that can help you create effective user stories that deliver value to the customer and the business.

Creating high-quality user stories is essential for any product development process. User stories help you understand what the customer wants and what the business needs. They provide a clear and concise description of the product features and functionality. By using the INVEST criteria, you can ensure that your user stories are of high quality, and the development team can deliver a product that meets the customer's needs and the business goals.

Aligning Stakeholders with INVEST Criteria

Aligning stakeholders with INVEST criteria ensures that everyone involved in the project understands what is required to deliver a high-quality product. You can achieve this by conducting workshops where stakeholders can learn how to create user stories that meet the INVEST criteria and analyze the impact of each criterion.

During the workshops, stakeholders can learn how to create user stories that are independent, negotiable, valuable, estimable, small, and testable. They can also understand how each criterion impacts the product development process and the final product. By aligning stakeholders with the INVEST criteria, you can ensure that everyone involved in the project is working towards the same goal.

Prioritizing Features Using INVEST

Using the INVEST criteria, the development team can prioritize features based on their value to the business and the customer. The team can review the user stories and rank them based on their adherence to the INVEST criteria. Features that meet the criteria are prioritized based on their business value and user needs.

By prioritizing features based on their value, you can ensure that the development team is working on the most critical features first. This approach can help you deliver a product that meets the customer's needs and the business goals within the given timeline and budget.

Refining User Stories with INVEST

Refining user stories with INVEST criteria involves breaking down stories into smaller, more manageable pieces. The criteria can help the team identify and focus on the core functionality required for each user story. Once a story is broken down into smaller pieces, the team can apply the criteria again, ensuring that each piece of functionality meets the required standards.

Breaking down user stories into smaller pieces can help the development team understand the requirements better. It can also help them estimate the effort required to develop each piece of functionality accurately. By refining user stories with INVEST criteria, you can ensure that the development team is working on the right features and delivering a high-quality product.

In conclusion, implementing the INVEST criteria into your product management process can help you create high-quality user stories that deliver value to the customer and the business. By aligning stakeholders with the criteria, prioritizing features based on their value, and refining user stories with the criteria, you can ensure that your development team is working on the right features and delivering a product that meets the customer's needs and the business goals.

Benefits of Applying INVEST Criteria

Improved Collaboration and Communication

Using the INVEST criteria during product development promotes collaboration and communication among stakeholders. Through workshops and prioritization, stakeholders can communicate their expectations more clearly, resulting in efficient development and delivery.

Enhanced Product Quality

The INVEST criteria encourage the development team to focus on building valuable, independent, and testable features that deliver business value. As a result, the product quality and user satisfaction will improve, driving revenue growth for the business.

Faster Time-to-Market

By prioritizing smaller, independent user stories that deliver real value to the user, the development team can deliver the product faster. The use of the INVEST criteria in product management prioritizes feature development, resulting in faster delivery and greater customer satisfaction.

In conclusion, using the INVEST criteria in product management can help you build a product that meets customer needs and delivers business value. With improved collaboration and communication among stakeholders, enhanced product quality, and faster time-to-market, INVEST criteria is an indispensable tool to build a successful product. Start applying the INVEST criteria in your product management process today and experience its benefits.