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This spreadsheet for prioritizing projects was not our idea. The credit goes to Brian Armstrong from Coinbase. He mentioned the spreadsheet in his article, How we make decisions at Coinbase.
We modified Brian Armstrong’s spreadsheet template just a little bit for our purposes: we added a user story field. While this may seem like a very small change, we feel strongly about it because in our experience, the failure quote of projects without a user story is very close to 100%. Our user stories use this template from Mike Cohn:
As a [role], I want to [capability], so that I can [benefit].
We’ve learned that “role” is very important, and that just saying “user of our software” as a role is a form of cowardice.
So, here is our sheet for project prioritizing (-> save to Google Drive -> File -> Make a copy):
If you prefer Excel over Google Sheets, here you go (-> Save as -> Download a copy):