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How would you prioritize the features if a situation is given as follows

 

You're a PM preparing to refresh your backlog priorities after receiving feedback from a panel of internal stakeholders...

The north star metric for your product line is ARR. However, operational efficiency has been a key area of focus this fiscal year, with the goal of reducing operational expenditure by 10%. Your stakeholders provide you with the following feedback:

  • The Director of Sales requests a new feature that will improve the win rate of net new deals and generate incremental add-on revenue from the existing base. He indicates that his Bookings quota for the fiscal year cannot be met without it.
  • The Director of Operations requests a new feature that will automate a series of manual tasks currently performed by the Operations department. She provides a detailed analysis demonstrating the potential for a 2% improvement to department overhead if the feature is delivered.
  • The VP of Marketing provides a win/loss report that surfaces a troubling trend. A new competitor is being encountered in an increasing number of deals, and each of the deals has been lost due to your inability to compete with a key feature.

How would you prioritize the feature

Asked at Meta (Facebook)
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Get access to 2,346 pm interview questions and answers to give yourself a strong edge against other candidates that are interviewing for the same position
Get access to over 238 hours of video material containing an interview prep course, recorded mock interviews by expert PMs, group practice sessions, and QAs with expert PMs
Boost your confidence in PM interviews by attending peer to peer mock interview practices, group practices, and QA sessions with expert PMs