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With the prioritization macro, you can prioritize your initiatives based on 5 objective criteria. The criteria are business value, time criticality, risk minimization, business opportunities and duration. The prioritization value is calculated automatically and can be inserted anywhere on the page. |
Using this macro, you can evaluate and prioritize initiatives (1). The prioritization value is automatically calculated, helping you make data-driven decisions about which initiatives to pursue first. The evaluation is done for the first 4 criteria using a consistent scale: 3: Low, 5: Medium, 8: High, 13: Very High. Only the last value Estimation Metric uses a different scale.
Criteria | Description |
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Value | How high is the value of the initiative for the product or organization? |
Time Critically | Is the completion of the initiative time-critical? Is there perhaps a competitor who will be first to market with a similar product or feature? |
Risk Mitigation | How much risk for the product or organization am I addressing with this initiative? |
Business Opportunity | Welche Geschäftschancen eröffne ich mit dieser Initiative? |
Estimation Metric | In which time unit would I later estimate this initiative? Possible options are:
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How the priority value is calculatedThe table consists of 5 values that you can specify. The single values are a simple Fibonacci series. And you see the value used for computation in the label (the number at the beginning). The value is calculated using a simple formula. This is the formula: (Value+Time Criticality + Risk reduction + Business opportunities)*10 / Duration |