Purpose
To address the common “too many projects” problem by aligning and mobilizing leaders around those initiatives that are 'right' for the strategic ambition. This process helps leaders collaboratively identify those initiatives they believe will achieve their goals and agree on the fate of lesser projects.
Outcomes
The most important outcomes are:
- A prioritized portfolio of strategic initiatives and a broadly supported disposition plan for the remaining non-priority projects.
- A broadly supported agreement about the most important initiatives
- A program master schedule to illustrate the overall timeline.
- Project charters that document the fundamental nature of, and high-level plan for, each strategic initiative. The charters can then be used to guide overall resourcing and detailed project planning efforts.
- An increased ability to refuse to be distracted by non-strategic ideas.
Format
The exact organization of initiative prioritization & portfolio design engagements depends on the unique situation but typically it includes a preparation stage followed by a series of leadership workshop meetings and then a follow through stage.
Other Considerations
A common cause of the "too many projects" symptom is the lack of a clearly stated and shared 'destination' around which to prioritize. In these situations 'strategy clarification' is a necessary pre-requisite for initiative prioritization.
Please call 403-219-2222 to discuss your requirements or email us at info@chinooksolutions.com