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www.microsoft.com/office/portfolioserver/
14
Objectively Prioritize and Evaluate Competing
Investments
Office Project Portfolio Server 2007 includes proven techniques to help objectively
prioritize your organization’s business strategy for the upcoming planning horizon, drive
consensus between the key stakeholders, and evaluate and prioritize competing
investments from multiple dimensions. Using embedded best practice prioritization
methodologies and tools, executives can derive common scoring criteria for projects,
programs, and applications, enabling ―apples-to-apples‖ comparisons among dozens or
hundreds of competing investments.
Prioritize Business Strategy
One of the most critical tasks in the portfolio management process is to define and
prioritize the organization’s business strategy. The Office Project Portfolio Server 2007
Portfolio Optimizer module includes the pair-wise comparison matrix used to help
executives objectively prioritize business strategy for the upcoming planning horizon.
Build Consensus Among Executives
In most organizations, executives from distinct functional domains will have different
perspectives on which business drivers are most important to the business. A vice
president of sales might consider ―increase market share‖ and ―develop new products‖
the most important business drivers, while a CIO might consider ―maximize systems
uptime‖ and ―modernize enterprise infrastructure‖ the most important. In organizations
where executives will be competing for the same budget and resources, achieving
consensus is critical.
In a facilitated business strategy prioritization workshop, the executives collaborate to
complete the pair-wise comparison matrix and assess the importance of each business
driver against each other for the upcoming planning period to help drive consensus and
calculate the business driver priorities. For example, in Figure 6, is ―Expand into new