Product Management
Feature Audit/Inventory
A Feature Audit catalogues all product features, their usage rates, customer satisfaction, and strategic value. It identifies what to keep, improve, sunsetting, and build.
When to Use This Framework
Understanding feature utilization
Identifying waste
Prioritizing technical debt
Making sunsetting decisions
How to Apply This Framework
- 1
List all product features
- 2
Track usage metrics per feature
- 3
Measure customer satisfaction per feature
- 4
Assess strategic importance
- 5
Calculate ROI (usage × satisfaction × importance)
- 6
Segment into keep/improve/sunset/build
- 7
Create roadmap
Real-World Examples
Slack eliminating unused messaging features
Figma sunsetting complex plugins
Stripe retiring legacy APIs
Strengths
- Reveals true feature utilization
- Guides prioritization decisions
- Identifies technical debt
Limitations
- Time-intensive to audit
- Usage metrics can be misleading
- Hard to measure satisfaction
Related Frameworks
Consider combining this framework with:
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