The Digital Project Manager

How to Reduce Project Stress Through Better Prioritization and Stakeholder Honesty

14 snips
Nov 26, 2024
James Louttit, Founder and Lead Trainer at Impactful Project Management and former CIO, delves into the intricacies of project prioritization. He discusses the political dynamics that can complicate decision-making and the importance of transparent communication with stakeholders. Innovative techniques like planning poker and AI in risk assessment are also explored. The conversation emphasizes the need for adaptability in project management, advocating for a blend of Agile and Waterfall approaches to enhance collaboration and project success.
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INSIGHT

Prioritization Controversies

  • Prioritization is controversial because everyone feels their work is important and must be included.
  • This often leads to political battles and opaque decision-making, hindering true prioritization.
ADVICE

Beyond MoSCoW

  • Avoid the MoSCoW method (Must, Should, Could, Won't) for prioritization.
  • Stakeholders manipulate it, creating a large "Must" bucket without true prioritization.
ADVICE

Absolute Value Estimation

  • Estimate value with absolute numbers, not relative ones like t-shirt sizes.
  • This promotes transparency and shared understanding between stakeholders and the project team.
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