Source: Flevy
The Project Prioritization Tool can be used to rank projects based on their company strategic fit, economic impact, and feasibility. The tool works by allowing you to create a rational method to force rank each project where you define and weight the importance of each of the ranking criteria.
This tool enables you to rank projects and to score on a scale of 1-10. Once you have done so, a bubble matrix chart is automatically generated to communicate the findings of your analysis. This bubble matrix chart will help you get a visual understanding of the different projects you are working on.
Key Benefits
* simple color-coded format
* easy to use with drop-down boxes
* facilitates communication with team
* save 10 hours on formatting
* automatically generates bubble chart
This is a partial preview. Full document download at Flevy: http://flevy.com/browse/business-document/project-prioritization-tool-260/ref=rodsilva123
The Project Prioritization Tool can be used to rank projects based on their company strategic fit, economic impact, and feasibility. The tool works by allowing you to create a rational method to force rank each project where you define and weight the importance of each of the ranking criteria.
This tool enables you to rank projects and to score on a scale of 1-10. Once you have done so, a bubble matrix chart is automatically generated to communicate the findings of your analysis. This bubble matrix chart will help you get a visual understanding of the different projects you are working on.
Key Benefits
* simple color-coded format
* easy to use with drop-down boxes
* facilitates communication with team
* save 10 hours on formatting
* automatically generates bubble chart
