What if you factor learn-value-tail concepts with a Risk-Value-Cost bubble chart? Hopefully an opportunity for people to collaborate easily with a simple non prescriptive format for understanding where their risks are. Possible extensions around colour coding features that result in a complete value stream uplift. Risk, Assumptions, Issues, Dependencies discussions around highest risk, highest cost factors. And all just because of some simple visualisation. (fingers crossed anyway) Note: I've also made available a excel spreadsheet that creates the bubble chart for you. https://www.dropbox.com/s/7eqqhi1rhnnafdf/Risk-Value-Cost.xlsx

1. Prioritisation
Risk
Value
Cost

2. Learn – Value - Tail
Knowledge Acquisition Curve - http://alistair.cockburn.us/

3. Mapping (Risk – Value – Cost)
-2
0
2
4
6
8
10
12
-2 0 2 4 6 8 10 12
Risk
Value
Risk - Value - Cost
PBI 1
PBI 2
PBI 3
PBI 4
PBI 5
PBI 6
PBI 7
PBI 8
PBI 9
PBI 10

4. What’s in the circle
Learn
Business
Value
Shine &
Gloss

5. What’s in the circle
Learn
How
Business
Value
Shine
&
Gloss
Learn
What
Learn
How
Business
Value
Business
Value
Business
Value
Business
Value
Shine
&
Gloss
Shine
&
Gloss Shine
&
Gloss

6. Separate Learning
-2
0
2
4
6
8
10
12
-2 0 2 4 6 8 10 12
Risk
Value
Risk - Value - Cost
PBI 1
PBI 2
PBI 3
PBI 4
PBI 5
PBI 6
PBI 7
PBI 8
PBI 9
PBI 10

7. Separate Learning – Learn in Small Pieces
-2
0
2
4
6
8
10
12
-2 0 2 4 6 8 10 12
Risk
Value
Risk - Value - Cost
PBI 1
PBI 2
PBI 3
PBI 4
PBI 5
PBI 6
PBI 7
PBI 8
PBI 9
PBI 10

8. Do as little as possible to move this down!
-2
0
2
4
6
8
10
12
-2 0 2 4 6 8 10 12
Risk
Value
Risk - Value - Cost
PBI 1
PBI 2
PBI 3
PBI 4
PBI 5
PBI 6
PBI 7
PBI 8
PBI 9
PBI 10

9. Then rinse and repeat
-2
0
2
4
6
8
10
12
-2 0 2 4 6 8 10 12
Risk
Value
Risk - Value - Cost
PBI 1
PBI 2
PBI 3
PBI 4
PBI 5
PBI 6
PBI 7
PBI 8
PBI 9
PBI 10