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Mastering Portfolio Prioritization

Mastering Portfolio Prioritization

5 Essential Steps to Transform Your Investment Decision-Making

Making informed investment decisions across your enterprise doesn't have to be a challenge. These proven steps will help you establish consistent, data-driven prioritization practices that align with your organizational goals.

Why Better Prioritization Matters

Too often, organizations struggle with:

  • Decisions driven by the loudest voices
  • Conflicting priorities across departments
  • Subjective rather than quantifiable ROI assessment
  • Difficulty visualizing data for leadership decisions
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#1 Establish Evaluation Criteria for Prioritizing Investments

  • Define clear, measurable criteria aligned to business objectives
  • Use consistent scoring approaches (such as WSJF)
  • Focus on quantifiable metrics everyone understands

           

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NOTE

Reference: AJ Demo Video: 8:25 - 11:14

           

⚙️ How to implement:

Platform Implementation Steps
Portfolios

To support establishing initial evaluation criteria for prioritizing investments, we can create a Scoring Model in Planview Portfolios. Later, we can add additional attributes and financial information as required.

AgilePlace

An alternative to a more traditional scoring model, we can create cards in an Agile Board and use the AgilePlace card scoring functionality to help us score each initiative.

We can use one of the predefined card scoring models or create a custom scoring model tailored to your specific needs.

           

           

#2 Capture Demand and Assess Investment Value With Clarity

  • Create transparent evaluation processes
  • Gather meaningful data for decision-making
  • Understand dependencies and constraints

💻How to implement:

Platform Implementation Steps
Portfolios

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AgilePlace

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#3 Analyze and Rank Projects Using Data-Driven Insights

  • Apply objective ranking methods
  • Consider both constraints and opportunities
  • Build realistic budget and timeline estimates

How to implement:

Platform Implementation Steps
Portfolios

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AgilePlace

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#4 Set Realistic Targets, Budgets, and Constraints

  • Define clear outcomes
  • Balance qualitative and quantitative value drivers
  • Create achievable planning horizons

How to implement:

Platform Implementation Steps
Portfolios

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AgilePlace

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#5 Socialize Priorities to Maintain Momentum

  • Develop clear roadmaps
  • Manage dependencies effectively
  • Keep stakeholders informed and aligned

How to implement:

Platform Implementation Steps
Portfolios

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AgilePlace

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