BACKGROUND IMAGE: iSTOCK/GETTY IMAGES
In a business climate that demands fast, tangible results, organizations are establishing project and portfolio management (PPM) strategies to accomplish their IT goals. The aim of PPM is to determine the best sequencing and grouping of projects, as well as the proper allocation of resources to accomplish these tasks.
Strategic project prioritization allows project managers and their teams to analyze and manage current or proposed initiatives -- and if done properly, the results will speak for themselves. In this guide for SMB CIOs, learn how establishing project prioritization strategies can propel IT departments toward success.
This project prioritization guide is part of SearchCIO-Midmarket's Midmarket CIO Briefings series, which is designed to give IT leaders strategic management and decision-making advice on important technology and business issues.
1Videos for better project prioritization
Want to hear PPM tips straight from the pros? You're in luck: Check out our video lineup.
Video interview: Brian Wernham on agile government projects
Brian Wernham, author of Agile Project Management for government, discusses implementing agile methodologies in the public sector. Watch Now
PM trend 10: Identifying high-potential project managers
Because project management is such an important function, human resources professionals will be tasked more intensely with identifying high-potential project managers in 2012. Watch Now
PM trend 1: Program management takes over from project management
Increasingly, large initiatives undertaken by corporations and government agencies are being recognised for what they are and aren’t: namely programmes, not projects, which require a highly advanced set of skills supported by appropriate tools and methods to successfully execute. Watch Now
2Keys for creative project management and prioritization
For many IT organizations, creative project management solutions remain a significant challenge -- and the lack of them leads to implementation delays, incorrect functioning, blown budgets and outright project failure. It doesn't have to be that way.
Two stages of the project management lifecycle are often overlooked or rushed through, but if organizations were able to get them right, many more projects would succeed. The secrets of creative project management are prioritization and cross-functional project teams.
Before you can even start gathering business requirements, your project needs to be assigned the right priority. If your organization is experiencing major problems with IT projects, look at the way you prioritize them, and examine what might be going wrong.
Learn how to identify potential trouble spots in your project prioritization strategy in the full tip from Scott Lowe.