The Prioritisation Review workflow digitises the process of reviewing and prioritising your projects. It automatically calculates strategic value based on user-specified criteria or the type of project being delivered. It also performs ‘what-if’ scenario analyses in which numerous project proposals can be compared to determine the optimum priority of delivery.
Streamline Your Prioritisation Review with pmo365
Prioritisation Review assists data organisation and analysis with visualisations of project tasks and objectives. The workflow gathers project information, evaluates its alignment with organisational goals, assesses feasibility and resource availability, and makes recommendations on the order of delivery. It optimises your portfolio by selecting and ordering the projects that offer the highest return on investment. As a diverse portfolio prioritisation tool, Prioritisation Review also ensures that priorities are regularly reassessed and adjusted over time in line with changes to organisational goals and project dynamics.
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Why Choose pmo365 for Prioritisation Review?
pmo365 is the all-in-one project management solution that offers seamless integration with other tools (including Project Centre, Portfolio Analysis, and Resource Management) as well as a host of third-party applications and enterprise platforms.
Portfolio prioritisation is made simpler with direct, real-time access to project data and a project portfolio management (PPM) environment that is fully configured for efficient project delivery.
What Makes Us Different
pmo365 is not a single productivity tool, but a complete library of best practice Apps, Flows, Reports and Connectors tailored to the requirements of your project managers and the PMO. Configuration customises PPM apps and tools to your needs, and project data is safely stored on your Microsoft cloud for instantaneous access across the organisation.
pmo365‘s comprehensive, fully connected platform keeps all your project management tools and information in one place, and all stakeholders reliably informed of project performance.
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Key Features of Prioritisation Review
pmo365 helps you make informed decisions on portfolio prioritisation, ensuring resources are allocated to the most strategically aligned projects. Prioritisation Review offers:
Best Practice Assessment Criteria
Aligned with key performance indicators or specified by the user. Criteria include strategic value, financial impact, risk assessment, resource requirements, and potential benefits.
Good Governance
Data-driven decision making with ranking calculations and analytical tools to build visualisations of alternative scenarios.
Structured Submission Processes
Online forms and templates guide proposals for completeness and accuracy, ensuring vital information is included with all project initiatives.
Effective Communication
Documentation of score summaries, rankings, and rationales behind prioritisation reviews provide transparency and opportunity for feedback. Discussion forums also encourage communication and contextualise decisions taken.
Effective Reviews
Standardised review processes provide a thorough and systematic organisational assessment of each project under consideration and a strong basis for comparison.
Frequently Asked Questions
What is Prioritisation Review?
Portfolio prioritisation review is the process of evaluating (and reevaluating) the prioritisation of projects in a portfolio based on their perceived impact on the organisation. Decisions are made after a comprehensive evaluation of the benefits, urgency, risks, costs, resources required, and the dependencies associated with their delivery. Prioritisation therefore involves a careful consideration of the order that projects will proceed and the optimal mix of projects for the best return on investment.
What are the Benefits of Using pmo365 with Prioritisation Review?
pmo365’s Prioritisation Review workflow seamlessly connects all your project management functions and processes on a single, integrated platform. Up-to-the-minute data from all enterprise applications and tools are right at your fingertips to inform the most vital strategic decisions. pmo365 digitises the entire portfolio prioritisation process with fast and insightful calculations of value, resource availability, and organisational capacity so you can enjoy far fewer meetings, email attachments, and hours spent assembling reports. pmo365 is customised to your specific business context and draws on all available knowledge (including historical project data) to make the best projections of portfolio success. Furthermore, real-time tracking of progress with powerful reporting and dashboard tools enables your PMO to closely monitor and adjust priorities even while projects are in progress.
Why is Prioritisation Review Important for Project Management?
Portfolio prioritisation review is an essential part of project management as it enables project managers to make educated decisions around current and future capacity. The portfolio prioritisation matrix guarantees that key activities are scrutinised for value whilst ensuring that all other initiatives are properly aligned with strategic goals. Prioritisation reviews direct the organisation’s focus to the best value projects, boost productivity, reduce exposure to risk, and help improve overall project success.
How Does pmo365 Help You with Prioritisation Review?
pmo365 is a fully modular system. Each App, Flow, Report or Connector easily plugs into place to build the exact real-time project portfolio management system you require. And, because it’s modular and highly customisable, the ability of pmo365 to evolve and change with you is built into the system – not as an afterthought. Our library offers tailored solutions for project management tasks with the latest, best-practice collaborative tools, instantaneous data updates, and integrations of all the project management apps you currently use. pmo365 ensures up-to-the-minute performance and powerful strategic insights, now and into the future.
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Our Other Apps & Workflows
pmo365‘s Solution Library offers a complete and comprehensive range of project portfolio management software. You can choose the solution that best serves your current needs and continue to explore new enhancements over time. Our subscription service means you pay only one monthly fee with absolutely no development costs or building of code from scratch.
We deploy pmo365 using Microsoft’s secure and adaptable Power Platform, so you have virtually unlimited access to new Microsoft and non-Microsoft PPM tools for life. Furthermore, once you take out a pmo365 subscription, you own the solution and all the data kept on your Microsoft 365 cloud forever – even after your subscription expires. And we’ll continue to help you to manage your service however and whenever you need it.