🚦Prioritization - The Traffic Light Confidence Score

Prioritization is the moment to decide which items on the backlog will effectively go to your team's roadmap. Don't forget to prioritize your initiatives based on:

• Company/Cycle goals;

• Alignment with stakeholders and cross-functional teams;

• The potential impact of the initiative and quick wins are always ways to bring fast results.

🚦How does the Signal Confidence Score works?

There are great frameworks to do prioritization, like the RICE score for example, but I prefer using the one that I created, which I call The Traffic Light Confidence Score. It works basically like this, I use five themes and I give scores to them:

• Relation with company objectives;

• Team & Stakeholders Priority;

• Potential Impact;

• Delivery Effort;

• Dependency with one or more teams;

• Team's Confidence.

The formula that I created is the following:

• (Relation with company objectives * Team & Stakeholders Priority * Potential Impact * Dependency * Team's Confidence) / (Delivery Effort) / (100)

It's straightforward, the more green colors you have, the more your initiative is aligned with the 6 themes above and the more scores it will have. You can see a Google Sheets example including the formula I created, use this link here.. You should think like this:

• 🟢 All Green = Quick win;

• 🌕 All Yellow = It's a risk fellow;

• 🔴 All Red = Don't go ahead.