How is the prioritization score calculated?
The prioritization score is the aggregate of the weighted average of various prioritization drivers (i.e., columns D1, D2, D3, D4) on a scale of 1-100.
The Driver values D1, D2, and D3 are measured on a scale of 0-100.
On the other hand, Driver value D4 is calculated between 1-100
Suppose a rating of 4 out of 5 dots are given to the feature, then (4 * (1/5) * 100) = 80
Prioritization Score = Normalized Value of [(Driver D1 * Weightage of D1) + (Driver D2 * Weightage of D2) +(Driver D3 * Weightage of D3) – (Driver D4 * Weightage of D4)]
Driver D4 is the ‘Effort Required’ to get a feature to its completion. Hence that value will be subtracted from the other values.
(Normalized value means the value adjusted to fit the scale of 1-100)
Score = Normalized Value of ( 20 * 25.00% + 20 * 25.00% + 20 * 25.00% – 50 * 25.00% ) = 28
A pop-up will appear when you click on any score under a Component.
It will include a description of how the prioritization score is calculated, along with a breakdown of how that particular score was calculated.
What is the Driver Weight?
Each Prioritization Score is calculated by taking a weighted sum of the different Driver Values.
Each Driver Value is assigned a Driver Weight. To calculate the Prioritization Score, each Driver Value is multiplied by its weight, and these weighted values are then added together.
The Driver Weights are specified as numbers between 0 and 100 and must be chosen so that the sum of all Driver Weights is 100.
The weight for each driver is between 0-100% such that the total is 100%.
How to Customize your Prioritization Formula?
Chisel lets you customize your Prioritization Formula. You can do this by clicking on the title ‘Score’ in Treeview.
Once you scroll down in the side panel the ‘Customize Prioritization Formula’ section shall appear letting you modify the score by adjusting the slider for each of the drivers
Click on the ‘Update’ button once the score is 100 percent allocated to save the new Driver Weights.
Click here to know how to rate the features.