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Enterprise Portfolio Prioritization

Overview
(1/2 - 1 Day)

Unrealistically short time frames.  Not enough resources.  Whenever we work with our customers who are experiencing these costly problems, we consistently find the same real problem: Too many Priority 1 projects.

This module presents a method for prioritizing and managing multiple concurrent cross-functional Enterprise projects.  Note that this module is based on the same content as IT Portfolio Prioritization in the Advanced IT modules, but is focused on business projects, rather than IT projects.

Learning Objectives

• Describe the purpose and content of a portfolio at different levels of the Enterprise, and the need for prioritization.

• Describe and apply a process for simple prioritization that is suitable for small projects or simple situations.

• Discuss more advanced prioritization methods, and their prerequisites, advantages, and disadvantages.

• Apply the Strategic Priority Analysis™ method to identify the highest-priority projects, considering a number of factors.

• Identify alternative ways to present the results of project prioritization.

• Discuss the alternative ways to use resulting priorities in assigning resources to projects.

Audience

Those who are (or should be) involved in identifying the costs and benefits of project efforts, and performing initial and follow-up Benefit/Cost Analysis:

• Executives

• Resource Managers

• Functional Managers

• Project Customers

• Project Office Managers

• Program or Project Managers

• Team Members

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