One of the most FUN parts of working at any company is working in project prioritization. Everyone has their own biases and personal projects which they feel should be higher prioritized. This activity can be all consuming and has a lot of moving parts which must be considered. I am sure there are many factors I am forgetting, but below are some key criteria:
Many orgs don't like to force rank. So I see portfolios where 80%+ are top priorities. Like the Incredibles say, "Everyone is special is a way of saying no one is."
An approach that more organizations should take! Setting priorities using a matrix like this will deliver the best results, and hopefully drive the organization to focus less on pet projects and focus more on things that deliver true value.
Next cycle, hopefully more departments can learn from this kind of approach. Great thinking
Many orgs don't like to force rank. So I see portfolios where 80%+ are top priorities. Like the Incredibles say, "Everyone is special is a way of saying no one is."
Too often, prioritization is too influenced by the “squeaky wheel gets the oil” approach. This is helpful.
An approach that more organizations should take! Setting priorities using a matrix like this will deliver the best results, and hopefully drive the organization to focus less on pet projects and focus more on things that deliver true value.
Next cycle, hopefully more departments can learn from this kind of approach. Great thinking