The ideal, practical and effective number of goals is between one and three. More than three goals can mean no particular goal.
One can use the expected value calculation to prioritize your goals:
Expected Value=Resources Required x ROI x Probability Of Success.
Check your goals against this calculation and find out what resources(time, energy, money) are required and what is the probability of its success, depending on factors like your enthusiasm and the likelihood of the project working.
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Similar ideas to Step 3: Expected Value Calculation
Prioritize your list of possible goals using and expected value (EV) calculation. Expected Value = Resources Required x Return on Investment x Probability of Success
Take the list of everything you could potentially work on over the next 90 days and then rank them by these criteria.
We all spend time making decisions with some risk involved. We look at each situation and consider the likelihood that something will happen as well as if it would be worth it.
For example, whether to sprint across the street when the sign says “don’t walk.”
Expected value...
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