Weighted Shortest Job First (WSJF) is a prioritization model used to sequence jobs (eg., Features, Capabilities, and Epics) to produce maximum economic benefit. In SAFe, WSJF is estimated as the Cost of Delay (CoD) divided by job size.
In his book, Principles of Product Development Flow, Reinertsen describes a comprehensive model, called WSJF, for prioritising work based on the economics of Lean product development flow. WSJF is calculated by dividing the Cost of Delay (CoD) by the duration. The cost of delay is assessed by its impact, and can include:
- The opportunity cost of having something now versus getting it later.
- The impact of waiting.
- Reputational damage due to missed deadlines.
- The magnitude of value not delivered to customers because a critical opportunity has been missed.
- Decrease in customer trust.