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With the prioritization macro, you can prioritize your objectives and initiatives based on 5 objective criteria. The criteria are business value, time criticality, risk minimization, business opportunities (influence of strategy on objectives) and duration. The prioritization value is calculated automatically and can be inserted anywhere on the page. |
Prioritization for Objectives
Please also see the documentation for the template for objectives.
The macro supports both objectives and initiatives (1). The criteria for prioritization is the same for both, except for one criterion. Instead of strategic impact for objectives, business opportunity is assessed for Initiatives.
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How the priority value is calculatedThe table consists of 5 values that you can specify. The |
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(Value+Time Criticality + Risk reduction + Strategy Impact)*10 / Duration |
single values are a simple Fibonacci series. And you see the value used for computation in the label (the number at the beginning) |
If click on the table and choose the edit option (the pencil icon) then you have the ability to change the single values:
Language: In which language should the table be displayed? Very useful when template language and user language are different.
Value: What is the value of this Objective. This is an evaluation of the defined goal of this Objective.
Time criticality: How urgently does this Objective need to be fulfilled?
Risk reduction: How many of the defined risks will be reduced if the Objective is fulfilled?
Strategy impact: An evaluation of the section Strategic suitability.
Duration: Your assumption how long it takes to fulfill this Objective.
Priorization for Initiatives
Please also see the documentation for the template for initiatives.
In the template for an initiative there is the area for prioritization. The table you see there is the prioritization macro. It consists of 5 values that you can specify. The difference to the macro above is that there is an value for Business opportunities instead of Strategy impact. The value is calculated using this formula:
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. The value is calculated using a simple formula. This is the formula for objectives: (Value+Time Criticality + Risk reduction + Strategic Impact)*10 / Duration And for initiatives: (Value+Time Criticality + Risk reduction + Business opportunities)*10 / Duration |
The single values is a simple Fibonacci series. And you see the value used for computation in the label (the number at the beginning)
How to edit the macro?
To edit the macro you need to click on the table and choose the
Language: In which language should the table be displayed? Very useful when template language and user language are different.
Value: How is the value of this Objective. This is an evaluation of the defined goal of this Objective.
Time criticality: How urgent this Objective needs to be fulfilled?
Risk reduction: How many of the defined risk will be reduced if the Objective will be fulfilled?
Business opportunities: An evaluation of the section Business opportunities.
Duration: Your assumption how long it takes to fulfill this Objective.
