2017 April

28 Apr: Do not make these mistakes when using Cost of Delay based prioritization

One of the most important decisions portfolio managers make is where the resources of the organization should be focused. There are tons of prioritization techniques to determine which project, epic, or feature should be the first to implement. To make the best use of a prioritization method or technique, you should know how it works, what are its limitations and preconditions. In this post, I will show you three little “catches” of Cost of Delay (CoD) based prioritization methods, such as WSJF. Understanding the role of Job Size WSJF score formula includes job value and size, which may remind you of the ROI calculation. Compare: and: Both formulas include benefits (value) and costs (job size). However, the job size factor in the WSJF stands for an entirely different reason. The real intention of the score is to weigh the cost of delay against the lead time. Because the lead time…