Field value changed: Can be used if you're targeting the Status field specifically to detect when it changes from Open to Pending.

Issue transitioned: The most direct and reliable trigger for detecting a workflow transition from one status (Open) to another (Pending).

Project permissions: Users need the Schedule Issues and Edit Issues permissions in the project to rank issues.

Filter settings: If the board’s filter doesn’t sort issues by Rank, users won't be able to reorder them. The filter must include ORDER BY Rank ASC for ranking to be enabled.

To create new components inline, you must have the Administer Projects permission. This permission allows users to manage project configuration elements such as components, versions, and workflows. Granting this permission will enable you to perform the same actions as Vishnu.

Changing the Standard Working Days affects the Burndown Chart, as this chart relies on working days to plot the ideal and actual burn of work during a sprint. Adjusting working days ensures the burndown chart accurately reflects the team's actual schedule.

To allow Ravi to maintain quick filters and grant that ability to others, you need to make him a board administrator. Board administrators can manage board settings, including quick filters, and can also assign board admin rights to others.

The rule is triggered by the "Issue Updated" event. If the issues that match the JQL condition (VIP = yes and priority = high) were not actually updated, the trigger does not fire, and the rule doesn't execute - hence, no email is sent.