ROI priorities are easy to establish via Business Bingo. But there is still the need to to factor in urgency to minimise cost of delay (COD).
Weighted Shortest Job First (WSJF) entails statistical bluring across the independent dimensions of COD and is over-complex given budget and ROI are already a known from bingo.
Accordingly the ROI prioritisation is discretely adjusted to account for this.
- After finishing the bingo session, simply lay out the features in order of decreasing ROI.
- Ask the technical authorities in the product squad whether any technical features have a COD that trumps their ROI due to technical dependencies or opportunities. Adjust the feature order accordingly.
- Ask the business authorities in the product squad whether there are any business risks that mean a business feature’s COD trumps its ROI. Swap accordingly.
- If the team wants to debate these swaps, let them. If they can’t get to a unanimous agreement, use Leadership as a Service and the directly responsible individuals (DRIs) to resolve the impasse.
The resulting prioritisation is called ROI + COD = Royal Cod.