Prioritization Frameworks – WSJF

The WSJF prioritization framework is a tool that is used by product managers and other professionals to prioritize tasks and features based on their relative value and the cost of delay. The acronym WSJF stands for Weighted Shortest Job First, and it is based on the idea that the value of a task or feature is determined by the cost of delay and the duration of the task or feature.

To use the WSJF prioritization framework, product managers should first identify all of the tasks and features that need to be completed as part of their project. They should then determine the cost of delay for each task or feature, which is the potential impact of delaying the task or feature on the project or business. The cost of delay can be calculated by considering factors such as the potential revenue or cost savings of the task or feature, the potential impact on the project schedule, and the potential impact on customer satisfaction.

Next, product managers should determine the duration of each task or feature, which is the amount of time that it will take to complete the task or feature. The duration should be based on estimates from the team members who will be working on the task or feature.

Once the cost of delay and duration have been determined for each task or feature, product managers can calculate the WSJF score for each task or feature by dividing the cost of delay by the duration. The tasks or features with the highest WSJF scores should be given the highest priority.

The WSJF prioritization framework is a useful tool for product managers and other professionals who need to prioritize tasks

and features based on their relative value and the cost of delay. By considering the cost of delay and duration of each task or feature, product managers can make informed decisions about which tasks and features to focus on first and which ones can wait.

One of the benefits of the WSJF prioritization framework is that it allows product managers to prioritize tasks and features based on their potential impact on the project or business. This can be particularly useful in fast-paced or dynamic environments where the priorities of the project may change frequently.

It is important to note that the WSJF prioritization framework is not a static process. The cost of delay and duration of tasks and features may change as the project progresses, and product managers should be willing to adjust their priorities as needed.

In conclusion, the WSJF prioritization framework is a tool that is used by product managers and other professionals to prioritize tasks and features based on their relative value and the cost of delay. By considering the cost of delay and duration of each task or feature, product managers can make informed decisions about which tasks and features to focus on first. The WSJF framework is a useful tool for product managers who need to prioritize tasks and features based on their potential impact on the project or business.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.