Tuesday, January 21, 2020
Essay --
For D.D. Williamson the clear-cut blend of projects in a portfolio can signify the distinction involving organizational development and expensive setbacks. By strategically prioritizing projects, the company can capitalize on how it can move forward with major projects and properly assign resources that make certain only those projects that best line up with companyââ¬â¢s vision makes the cut. Since reactions to the projects often ran high when making these kinds of decisions the idea of a structured senior management team to work through criteria selection process that allowed them to pick two project per senior management sponsor (Kloppenborg, 2012). This achieved the results the company was looking for and providing another strength in the company minimizing weakness. One tool used by the management team is a prioritization matrix it provided a way for the team to group an assorted set of items into an order of importance. It also recognizes their qualified importance by developing a numerical assessment for the priority of each item (Gosenheimer, 2012). Using a prioritization matrix...
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