Setting or assessing priorities What is priority setting
- Slides: 8
Setting or assessing priorities
What is priority setting? • Aim is to improve the allocation of (personal) resources to meet set goals and achieve personal fulfillment
Why set priorities. . 1? • Multiple demands for attention – Family – Health – Friends – Work – Leisure – (? Social) responsibility – “Eye on the future” • Not living only for the present
Why set priorities. . 2? • Resources are always in short supply – Time – Opportunities – Funds
How to assess priorities. . 1 • Natural responsibility – Family: nuclear, extended • Time dependence – Can this wait? • Personal vs. other’s control – Does it depend on other’s activities • Does it serve long-term goals or aspirations
How to assess priorities. . 2 • Is it “vain” or substantial? • “Rule of rescue” – equivalent to giving first preference to the most severe health conditions (esp. emergency care for life-threatening illnesses) • What is the opportunity cost?
Contextual considerations • Stability of job • Social responsibilities – Family – Community – Etc. • Future security • Personal strengths and weaknesses – Being realistic!
Every choice…. • …. involves some risk taking – There is opportunity cost associated with a choice • Goal is to: – Minimize risk – Reduce unknown
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