Continuing on from my post,
Why prioritize projects?,
prioritization is important because,
- It provides focus to the more important initiatives. Companys can concentrate on what really matters to them and not be distracted by the latest fad.
- Money, time and people are scarce resources. Proper management and effective use of these resources can only benefit a company.
- In order to prioritize projects you much be able to compare them against each other objectively. This apples to apples comparison removes bias from decision-making.
- Clear direction and visibility to everyone in the company, not just the main decision-makers. Everyone is on the same page. We all know what can happen when things are not clear.
Thanks a lot! Very actual theme for me. As addition I recommend to read the article Prioritization of personal goals and affairs
ReplyDelete