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White Paper 7: Intelligent Project Prioritisation
Intelligent Project Prioritisation
To prioritise in an intelligent fashion rather than ‘who shouts loudest’, you need to develop a ‘balanced portfolio’ of projects that will typically be a mandatory and discretionary mix, including ‘star prizes’ (high payback and low risk), ‘early prizes’ (fast payback but typically high risk), ‘easy prizes’ (low risk but typically low payback) and ‘hard prizes’ (high payback but typically high risk).
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About the author
David Walton - I am David Walton, Programme, Project and Portfolio Management specialist and director of Bestoutcome here in the UK. We make the PMO tools PM3, PM3time and PM3NHS, the only PMO tools designed by practitioners for practitioners.