Overcoming Challenges in Global Programs ProzenGlobal.com

Project Periodization Using Bubble Chart -------------------------------------------------------------------------

What are Bubble charts: Project prioritization is a crucial activity in

portfolio / PMO Management for managing project demand pipeline.

Projects triage or prioritization process

takes in to account strategic fit,

business impact or opportunity, cost

benefit feasibility (ROI) and level of

risks involved to rank projects in

demand pipeline for EPMO decision.

Project ranking allows assignment of

score or weightage on a scale of 1-10.

Bubble matrix chart is used to depict

integrated view visually. This bubble

chart is used by business stakeholders to determine which of these projects align to the stated company strategy and should be implemented

Process and Tools: The process and methods used differ by performing

organizations but in general the standard is defined and documented and

governed by the enterprise PMO or departmental portfolio management.

In large organizations, this activity is performed using a tool for the

purpose of ease and accuracy. However the same results can be achieved

using spreadsheets with few macros that may suite more for smaller or

evolving EPMOs not having sophisticated PPM tool sets.

Advantages: Project prioritization bubble charts provide a number of

advantages over traditional spreadsheet listings.

Easier to Present findings

Visual and can be color coded

Easy to use and make updates

Provide single integrated view

Can be updated automatically

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