How is Weighted Shortest Job First (WSJF) calculated for epics?

The Weighted Shortest Job First (WSJF) methodology is a prioritization method used in agile frameworks like Scaled Agile Framework (SAFe) to sequence work for maximum economic benefit. The methodology helps you to prioritize the tasks the deliver the most value in the shortest amount of time.

The WSJF is calculated by looking at the cost of delay including the indicators User - Business Value, Time Criticality, Risk Reduction - Opportunity Enable as well as Refined Implementation Cost Forecast. The duration of the epic from the Funnel Entry Date to the Planned Target Date is also considered in order to estimate the time required to complete the epic.

The higher the WSJF value, the greater is the benefit relative to the time required to implement the epic. Moving forward on an epic with a high WSJF value ensures that the high-value epics that can be completed quickly are prioritized first, maximizing efficiency and business impact.