Who's On First — A Simple Model For Project Prioritization

Rarely have we encountered an IT organization where the demand for IT resources did not exceed the available supply. Mature IT organizations have developed IT demand management and portfolio management processes to focus IT resources where they can have the most positive impact on the enterprise. Many methodologies and models have been developed to assist executives in selecting the appropriate projects and programs, but what then? Once projects are under way, the only constant is change. The changes can be external (market or economic) or internal (strategy, resource availability, etc.). Whatever the source, the impact of these changes must be continually assessed and the portfolio re-prioritized accordingly. Using a simple scorecard can help management make the right choices.