How can you prioritize technical debt and new feature development in your backlog?
As a product manager, you have to balance the competing demands of delivering new features that add value to your customers and stakeholders, and maintaining the quality and performance of your existing product. Technical debt, which refers to the accumulated costs of shortcuts, trade-offs, and outdated code in your software development, can slow down your innovation and increase your risks. How can you prioritize technical debt and new feature development in your backlog, without compromising either one? Here are some tips to help you manage this challenge.