Product Decision Log
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.
