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What is Cost of Delay?
4
Do we do it today or can we wait?
What is the loss of opportunity if delivered late?
How does the value diminish over a period of time?
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Why is it Important
5
How do we prioritize things?
There are lot of things to develop and deliver
How much are the customers willing to wait?
They have other options
What is the learning from delivery?
We need feedback
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How do we calculate?
6
Not a single Parameters
User Business Value
Do they value A vs B?
Time Criticality
How critical is it for the customer?
Risk Reduction and Opportunity Enablement
Do we reduce any risk or there is opportunity?
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Ways to do
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Let us do a small exercise
• Take 3 tasks you want to accomplish in their order of priority
Personal or Professional or a mix
• Mark User Business Value, Time Criticality, RR & OE one at a time
At least 1 of the task is “1”
All others can be 1,2,3,5,8,13,20
• Calculate CoD
• Assign value for Job Size
Fibonacci series again with at least one task as “1”
WSJF = CoD / Job Size
Are the Priorities Same as you had in mind?