Project Prioritization, Selection, Approval and Governance

How is a project born in your organization?
Is the project tied to a corporate strategic objective?
Who decides which project gets approved and which doesn’t?
Is the project weighed/compared to other candidate projects?
How are projects ranked in terms of priority?

The above are examples of typical preliminary questions we ask our clients. In collaboration with the client, we then establish a well structured and customized approach to selecting and prioritizing project work. The approach begins with the alignment of corporate objectives and ends with a formal process for approving and maintaining a list of selected projects. This process is based on a solid (tested through time) foundation and has results in significant cost savings and the betterment of managerial decision-making.