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Project Prioritization Matrix

The document describes a project prioritization matrix to rank projects based on their alignment with organizational strategies and importance. It includes instructions to input strategies and their importance ratings from 1-10, then list projects and associate each with strategies using a score from 0-9. A weighted score is automatically calculated to prioritize projects. The matrix shows examples of strategies and projects with associated scores and calculated weighted scores.

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Ankit Chaturvedi
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191 views

Project Prioritization Matrix

The document describes a project prioritization matrix to rank projects based on their alignment with organizational strategies and importance. It includes instructions to input strategies and their importance ratings from 1-10, then list projects and associate each with strategies using a score from 0-9. A weighted score is automatically calculated to prioritize projects. The matrix shows examples of strategies and projects with associated scores and calculated weighted scores.

Uploaded by

Ankit Chaturvedi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Project Prioritization Matrix

Instructions
1 2 3 4 5 Input strategies I1, I2.etc. and their importance rating between 1 to 10. Input importance rating of strategies between 1 to 10. List out projects P1,P2.etc. Enter association scores between 1 to 9 Weighted score is calculated in the last column.

Importance Rating ->( 1 to 10)

Projects

Strategy-> P1 P2 P3 P4 P5 P6 P7

nce rating between 1 to 10. 1 to 10.

n.

I1

I2

I3

I4

I5

I6

0 0 0 0 0 0 0

0 0 0 0 0 0 0

0 0 0 0 0 0 0

0 0 0 0 0 0 0

I7

Weighted Score 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Project Prioritization Matrix

Importance Rating ->( 1 to 10)

6
Reduce COPQ

6
Reduce Inventory 3 3 3 3 1 1 1 9 3 1 3 0 0 0 0

10
Improve Market Share 3 1 9 1 1 0 3 1 0 3 0 0 0 0 0

Projects

Strategy/Initiative-> Reduce Attrition rate Reduce casting rejection Reduce product development time Improve Training Effectiveness Reduce Test Defects per Unit (DPU) Eliminate rework at pump assembly Reduce pump Failures Improve accuracy of bill of materials Reduce Set-up time on bottleneck machine Reduce time to make engineering changes Improve stores accuracy Reduce time to recruit Reduce transmission defects at testing Reduce time to fix field problems Reduce energy consumption and cost

3 9 1 3 9 9 9 0 0 1 1 0 0 3 1

<-Association Scores 0,1,3 or 9-

zation Matrix

7
Improve Productivity 3 9 1 3 9 9 1 3 9 1 3 3 3 0 1 Weighted Score 159 145 145 139 133 123 121 85 81 49 45 45 21 18 13

n Scores 0,1,3 or 9->

Retain Talent 9 0 3 9 0 0 3 0 0 0 0 3 0 0 0

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