Value vs. Risk Matrix

Value vs. Risk Matrix

Value vs. Risk Matrix

Value vs. Risk Matrix

Value vs. Risk Matrix

Value vs. Risk Matrix

Value vs. Risk Matrix Prioritization Framework Template

Criteria

2x2 matrix for prioritizing initiatives.

Risk options:

  • Schedule riskโ€”Canโ€™t be realized in time.

  • Cost riskโ€”May cost more than allowed.

  • Functionality riskโ€”Not able to implement.

Make two separate assessments of each initiative:

  • How much value will the initiative deliver?
    Scored: High Value / Low Value

  • How risky is the implementation?
    Scored: High Risk / Low Risk

Results:

  • High Value + Low Risk โ†’ Do First.

  • High Value + High Risk โ†’ Do Second.

  • Low Value + Low Risk โ†’ Do Last.

  • Low Value + High Risk โ†’ Avoid.

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