PMO Strategies
263: Is Prioritization Enough? with Stuart Easton
Jul 7, 2024
Stuart Easton, Co-Host for the IMPACT Summit, and the host delve into the importance of going beyond prioritization to address root causes of project failures. They discuss practical tips, AHP method, engaging executives, and setting strategic goals to achieve IMPACT. The conversation emphasizes the significance of aligned leadership teams, effective prioritization, and transparency in project management to drive improved business outcomes.
35:49
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Quick takeaways
- Prioritization alone is insufficient; deeper impact requires alignment with real root causes of project failures.
- Implementing the Analytic Hierarchy Process (AHP) aids in decision-making consistency, prevents biases, and fosters collaboration.
Deep dives
Addressing Project Prioritization Failure
Project prioritization often fails due to leaders struggling to focus on key initiatives amidst numerous priorities. This challenge results in project delays and a lack of alignment between business and project goals. By implementing a Portfolio Prioritization Framework that ranks projects based on criteria like ROI and strategic alignment, organizations can optimize resource utilization and reduce losses through smart decision-making.
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