WSJF
Weighted Shortest Job First (WSJF) is a prioritization method used in agile and lean methodologies to maximize value by comparing the cost of delay to the duration of tasks.
19 topics found for
“value maximization”
Lean Management
A methodology that focuses on minimizing waste and maximizing value in business processes.
Decision Utility
The value or satisfaction derived from a decision, influencing the choices people make.
Cross-Selling
The practice of selling additional products or services to an existing customer.
Captive Product Pricing
A pricing strategy where a core product is sold at a low price, but complementary products are sold at higher prices.
Decoy Pricing
A strategy where an additional, less attractive option is introduced to make other pricing options look more appealing, often steering customers towards a particular choice.
Action Priority Matrix
A tool used to prioritize tasks based on their impact and effort, helping to focus on high-value activities.
Muda
A Japanese word meaning any activity in a process that consumes resources without adding value.
Portfolio Management
Portfolio Management is the process of overseeing and coordinating an organization's collection of products to achieve strategic objectives.