What is the Value Bucket Model?

The Value Bucket Model (VBM) prioritization method finds its origin in the same train of thought as WSJF and RICE. It divides value with effort and ranks according to the highest outcome. The goal is to objectively value your initiatives and not make relative assumptions (although you can use relative sizing with Fibonacci or t-shirt sizing).
You can have multiple value models in your organization since each department or group of teams will be managed by their own specific KPIs.
So, lets use these to determine value for each of them.

Value is a score based on the normalization to 1-5 for each KPI (or bucket) multiplied by the weight of the KPI. The norm can be used as is or translated to the Fibonacci sequence (see example). Our online tool uses the Fibonacci sequence for its calculations.

Effort is the number of iterations (in Scrum you would know these as Sprints) all required teams would need to finish the work multiplied by the percentage of the team needed.

Score = Value / Effort
show an example for further explanation

Calculate your VBM score with our online tool (it's free)

Create your model

* all your data will be stored in your browser local storage so you can continue where you left of, no one but you has access to it
Select model template Show model creation/editing (expert mode)

Create initiatives (Epics) to calculate priority score

Epic name (use different names to store multiple epics) Value Model input
No Value Bucket Model available yet, please select a template or go through the 3 steps in expert mode at 'Create your model'.

Your Epic list

Previously calculated epics
Epic name
Priority score

There is more!

Do you want to
  • see the most optimal order for each team accounting for dependencies to create maximum value?
  • have your roadmaps created automatically, no more long hours of manual labour every x period?
  • use multiple Value Bucket Models?
  • run what-if scenario's to see what effect your decisions have before you make them?
  • administrate and manage all your ideas, Epics, User Stories and Tasks in one place?
  • link your strategy to your Value Model to enable direct control?
  • share priorities with your teams?
  • create a portfolio planning for your entire organization automatically?
With Taskstreamer you can and more!
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