Back Home Up Next

Project Proposal
Project Interdependences
Project Prioritisation
Project Visibility
Project Initiation
Stakeholders Expectations
Benefits Realisation
Governance
Planning
Project Staffing
Estimating
Accounting
Risk Management
Change Management
Quality Managemnt
Post-Completion

 

 

 

 

 

 

 

Project Management

horizontal rule

Project Prioritisation Principle
Where organisations undertake concurrent projects regularly, there will always occasions when projects will compete for scarce resources.  It is up to the Board of Directors or Executive Management Team to resolve which projects will be favoured over the others.

Objectives

At any point in time the projects being prepared or are in action should be the right ones for the business.  There should be no projects in progress that are, or have become, not valuable for the business.
Relatively less important projects should not be overlooked.
Relatively more important projects should not be delayed by the impact, direct or indirect, of less important projects.

Our Approach

The Executive Management team should review the project progress chart (Refer to PROJECT VISIBILITY Principle).

The Executive Management team should prioritise projects based on the business cases, the costs and benefits, the feasibility of new proposals and the progress towards of achievement of the existing projects.  (Refer to PROJECT PRIORITISATION Principle) 

The prioritisations and the brief reasons for them should be communicated to project sponsors and project managers.  In more complicated cases, this might need a meeting with the sponsor.

horizontal rule

[ Home ] [ Project Definition ] [ Project Failure ] [ Our Approach ] [ Project Management Cycle ] [ Project Organisation ] [ Roles Summary ] [ Project Governance ] [ Project Principles ] [ Project Timeline ] [ Benefits for You ] [ Contents ]

4-consulting 2-8 Millar Crescent, Edinburgh, EH10 5HW 
Tel 0131 447 4546  Fax 0131 447 8679
Copyright © 2002 4consulting