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Simple Steps to Scoring and prioritizing IT Projects

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Simple Steps to Scoring and prioritizing IT Projects

  1. 1. Simple Steps to Scoring and prioritizing IT Projects An Innotas Executive Webinar © Innotas 2012 | Confidential
  2. 2. Agenda What is Scoring and Prioritization? Benefits of Scoring & Prioritization Framework for Scoring & Prioritization Simple Process for Scoring & Prioritization Visual Presentation of Scoring & Prioritization Brief Scoring & Prioritization Demo Questions & Answers Page 2 © Innotas 2012 | Confidential
  3. 3. Quick SurveyAccording to a recent survey sponsored by Innotas, atleast 30% of IT organizations dont have an effectiveprioritization process or they prioritize based on whichproject was submitted first. Does your IT organization score and prioritize projects? And how are these projects scored and prioritized? Page 3 © Innotas 2012 | Confidential
  4. 4. What is Scoring & Prioritization? IT investments need more than ROI to justify them. Firms need broader measures, support processes and governance tools. - GartnerScoring & Prioritization is “a structured, repeatableprocess to evaluate IT investments”, using this evaluationto “manage IT initiatives against them”, and keepingthem up-to-date. Page 4 © Innotas 2012 | Confidential
  5. 5. Benefits of Scoring & PrioritizationBetter identify and prioritize low-risk, high-rewardprojects. Confirming that projects currently in the pipeline align with the objectives of the business. Ensure the right work gets selected for execution based on how well it aligns with business objectives. Free resource capacity from irrelevant work, allowing for more strategic work to get done. Eliminate IT’s tendency to reactively acting to work requests, single points of failure, or politically driven decision making. Page 5 © Innotas 2012 | Confidential
  6. 6. Framework for Scoring & Prioritization1. How to Categorize Potential Projects o Use a criteria scale such as Gartner’s Five Perspectives2. How to Build a Scoring Model o Use a weighted scoring model3. How to Prioritize Projects Based on Plotted Scores o Use visual modeling tool such as bubble charts Page 6 © Innotas 2012 | Confidential
  7. 7. Simple Scoring & Prioritization Model Page 7 © Innotas 2012 | Confidential
  8. 8. Simple Scoring & Prioritization Model Page 8 © Innotas 2012 | Confidential
  9. 9. Contact InnotasLet us solve your IT Challenges. Headquarters : 111 Sutter Street, Suite 300 San Francisco, CA 94104 Phone: +1 866-692-7362 Email: info@innotas.com Twitter: @innotas LinkedIn: http://www.linkedin.com/company/innotas Page 9 © Innotas 2012 | Confidential