Priorization 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:
(Value+Time Criticality + Risk reduction + Strategy Impact)*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)
If click on the table and choose the editing 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: 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?
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:
(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)
If click on the table and choose the editing 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: 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.