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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.
In the template for an objective 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 value is calculated using this formula:
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(Value+Time Criticality + Risk reduction + Strategy Impact)*10 / Duration |
The 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.
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 |
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 be in the edit mode of the page, 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.
