Question about prioritization process
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1. Most organizations have limits to the resources they can apply to their portfolio(s) of projects?all projects must be considered and not every project will be started. What kinds of weighting factors do organizations consider as part of their prioritization process? Please use the text and other readings and cite properly, plus share your own experiences.
2. In real life, some projects are started without a clear understanding of how to measure their success. Explain the effects this has during the project life cycle and at the project's completion.
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The solution discusses the kinds of weighting factors organizations do considering as part of their prioritization processes.
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1. Most organizations have limits to the resources they can apply to their portfolio(s) of projects?all projects must be considered and not every project will be started. What kinds of weighting factors do organizations consider as part of their prioritization process? Please use the text and other readings and cite properly, plus share your own experiences.
As part of their prioritization process, organizations consider a wide variety of weighting factors to chose among alternative projects and prioritze the projects. Some of these factors are as follows:
What is the opportunity for generating revenue?What is the impact of the project on the company's bottom line and top line?
What is the immediacy of ...
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