Key Practices - Task prioritization
3 important questions on Key Practices - Task prioritization
What method can be used for prioritization?
Cost of Delay proposed by Don Reinertsen.
How does the Cost of Delay method works?
- determine the key metric for the given value stream
- then calculate/estimate what will happen when a task is delayed
What are the advantages of using the Cost of Delay method?
- it is easy to use for the one who is at the beginning of the value stream where the effect of delay is the greatest
- Decisions are made on data not waiting for approval by a superior or using the HiPPO method
- an assistance for limiting the WIP.
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