Assigning business value to PI Objectives influences how teams plan the implementation of these objectives.
During PI Planning, teams create PI objectives they intend to accomplish in the upcoming Program Increment (PI). These objectives provide a common language for communicating with business and technology stakeholders and create a near-term focus and vision. They enable the Agile Release Train (ART) to assess its performance and the business value achieved via the ART Predictability Measure. Moreover, setting realistic objectives helps avoid too much work-in-process (WIP) in the system, which is essential for effective implementation planning1.
The process of assigning business value is facilitated by Business Owners during PI Planning. This is a critical activity because it helps teams prioritize their work based on the value it delivers to the business. The business value assigned to each PI Objective is a reflection of its importance to the stakeholders and the organization's goals. It guides the teams in decision-making and determining the necessary steps and resources required for the implementation of their objectives2.
In summary, assigning business value to PI Objectives is a key practice in SAFe that directly impacts the way teams plan their work. It ensures that teams focus on delivering the highest value features and capabilities, which aligns with the overall strategy and objectives of the organization.