Free Product Decision Log Template

Product Decision Log

Prepared by: [YOUR NAME]
Date: [DATE]
Department: Product Management

To document key decisions related to product development, strategy, features, and performance. This log provides a comprehensive record of all decisions, ensuring alignment and transparency among team members, stakeholders, and decision-makers.

Date

Decision Maker

Description

Impact

Status

08/01/2050

John Smith

Approved new feature for mobile app

Enhanced user engagement and app functionality

In Progress

08/02/2050

Jane Doe

Delayed product launch by two weeks

Additional time for quality assurance

Completed

08/03/2050

Mark Johnson

Adjusted product pricing strategy

Increased competitiveness and market share

Completed

08/04/2050

Sarah Wilson

Expanded product line to include new categories

Opened new market opportunities

Planned

08/05/2050

Alex Brown

Discontinued underperforming product

Reduced costs and focused resources on successful products

In Progress

Notes & Reminders:

  • Document Decisions Promptly: Ensure decisions are recorded as soon as they are made for accuracy.

  • Provide Detailed Description: Include a clear description of each decision to explain its nature.

  • Assess Impact Thoroughly: Note the expected or actual impact of each decision on the product and business.

  • Update Status Regularly: Keep the status of each decision current to reflect its progress or completion.

  • Communicate with Stakeholders: Share updates with relevant team members and stakeholders to maintain transparency and alignment.

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