When prioritizing actions during goal setting, what informal scoring system can be used to weigh the investment required against the potential return for a given step?
Answer
Time/Cost Investment (TCI) against Potential Satisfaction/Growth Gain (PSG)
For personal planning exercises, especially when resources like time or money are scarce, the text suggests a method for prioritizing actions. This involves assigning rough numerical values to two opposing factors: the Time/Cost Investment (TCI) required for a specific step, such as a course or project, and the Potential Satisfaction/Growth Gain (PSG) that step is likely to yield, such as salary increases or personal fulfillment. Prioritizing steps with the highest leverage (high PSG relative to TCI) ensures effort is directed effectively.
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