Comments on: The Practical CIO: Difficulties in project prioritization & selection, part 1 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/?utm_source=rss&utm_medium=rss&utm_campaign=the-practical-cio-difficulties-in-project-prioritization-selection-part-1 Intensely practical tips on information technology management, by Peter Kretzman Thu, 02 Feb 2012 16:24:31 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Yang Lu http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/comment-page-1/#comment-9738 Yang Lu Tue, 25 Jan 2011 22:31:41 +0000 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/#comment-9738 Hi, I stumbled onto your blog when I was doing some research on competition. I really enjoy your blog. I wanted to make a comment about point 2 -- the "common" thought that many organizations are using C-level execs to do project selection. There is actually a step prior to selecting the RIGHT projects to do, that is the C-level execs should decide on the direction of the company (ie: a roadmap) and assign a top down budget to that particular strategy. For instance, company X has $50MM to invest in 2011, the CEO/CIO/CTO must then decide the split of that $50MM -- perhaps we are in a recession, so let's minimize new and visionary products and focus more on enhancements to the current offering. Each of those strategies will get a quantifiable top down investment which will: (1) determine your scorecard criteria for the RIGHT projects to do. (2) determine whether you should get more internal/external resources and whether you have the finances (top down meets bottom up) so you CAN do the projects. It is up to the C-level execs to make strategic decisions and let portfolio/pipeline managers (SVP of Technology or the likes) do the actual selection of projects. Full Disclosure: I currently work at CA Clarity and have worked for Planisware. Hi,

I stumbled onto your blog when I was doing some research on competition. I really enjoy your blog.

I wanted to make a comment about point 2 — the “common” thought that many organizations are using C-level execs to do project selection.

There is actually a step prior to selecting the RIGHT projects to do, that is the C-level execs should decide on the direction of the company (ie: a roadmap) and assign a top down budget to that particular strategy. For instance, company X has $50MM to invest in 2011, the CEO/CIO/CTO must then decide the split of that $50MM — perhaps we are in a recession, so let’s minimize new and visionary products and focus more on enhancements to the current offering. Each of those strategies will get a quantifiable top down investment which will:
(1) determine your scorecard criteria for the RIGHT projects to do.
(2) determine whether you should get more internal/external resources and whether you have the finances (top down meets bottom up) so you CAN do the projects.

It is up to the C-level execs to make strategic decisions and let portfolio/pipeline managers (SVP of Technology or the likes) do the actual selection of projects.

Full Disclosure: I currently work at CA Clarity and have worked for Planisware.

]]> By: IT, the CIO, and the business need for “roof projects” http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/comment-page-1/#comment-9425 IT, the CIO, and the business need for “roof projects” Thu, 16 Sep 2010 01:08:43 +0000 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/#comment-9425 [...] a future post, I’ll expand further on this topic, talking more about the difficulties of and approaches for [...] [...] a future post, I’ll expand further on this topic, talking more about the difficulties of and approaches for [...]

]]> By: The title issue revisited: CTO vs. CIO http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/comment-page-1/#comment-9317 The title issue revisited: CTO vs. CIO Sun, 08 Aug 2010 05:12:28 +0000 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/#comment-9317 [...] posted myself, early and often, on myriad ways to push effectively for IT/business alignment. So I’m anything but a blind proponent for a [...] [...] posted myself, early and often, on myriad ways to push effectively for IT/business alignment. So I’m anything but a blind proponent for a [...]

]]> By: The Whole Portfolio « An IT View http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/comment-page-1/#comment-8731 The Whole Portfolio « An IT View Fri, 23 Oct 2009 16:03:17 +0000 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/#comment-8731 [...] comments and the links he provided and I would encourage anyone to go back and look at those posts. Lots of good ideas, challenges, and issues highlighted in his comprehensive post. I wanted to focus on a few key points when I think of balancing the whole portfolio or [...] [...] comments and the links he provided and I would encourage anyone to go back and look at those posts. Lots of good ideas, challenges, and issues highlighted in his comprehensive post. I wanted to focus on a few key points when I think of balancing the whole portfolio or [...]

]]> By: Conventional wisdom that fails for IT http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/comment-page-1/#comment-8709 Conventional wisdom that fails for IT Fri, 16 Oct 2009 00:46:49 +0000 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/#comment-8709 [...] philosophy of “consensus” no matter what. As with a PPM steering committee, you should put effort into designing an effective committee and process, and allow for quick “tie-breaking” authority and action as [...] [...] philosophy of “consensus” no matter what. As with a PPM steering committee, you should put effort into designing an effective committee and process, and allow for quick “tie-breaking” authority and action as [...]

]]> By: The Practical CIO: Difficulties in project prioritization & selection, part 2 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/comment-page-1/#comment-8601 The Practical CIO: Difficulties in project prioritization & selection, part 2 Tue, 25 Aug 2009 20:26:43 +0000 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/#comment-8601 [...] Last time, I wrote about ways to pick projects that satisfy the company’s “SHOULD do” dimension: ones that are strategic, financially beneficial, risk mitigating, or legally mandated, for example. I set out practical guidelines for the process of selection in that dimension, to ensure as level a playing field as is possible.  And I left it for this follow-on post to discuss the other dimension, the “CAN do” dimension, which needs to calibrate the list of chosen projects to what can actually be accomplished by the available resources. [...] [...] Last time, I wrote about ways to pick projects that satisfy the company’s “SHOULD do” dimension: ones that are strategic, financially beneficial, risk mitigating, or legally mandated, for example. I set out practical guidelines for the process of selection in that dimension, to ensure as level a playing field as is possible.  And I left it for this follow-on post to discuss the other dimension, the “CAN do” dimension, which needs to calibrate the list of chosen projects to what can actually be accomplished by the available resources. [...]

]]> By: Twitted by ClearSpringBA http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/comment-page-1/#comment-8582 Twitted by ClearSpringBA Fri, 14 Aug 2009 14:34:22 +0000 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/#comment-8582 [...] This post was Twitted by ClearSpringBA [...] [...] This post was Twitted by ClearSpringBA [...]

]]> By: Twitted by ericderaspe http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/comment-page-1/#comment-8579 Twitted by ericderaspe Sat, 01 Aug 2009 15:27:51 +0000 http://www.peterkretzman.com/2009/07/31/the-practical-cio-difficulties-in-project-prioritization-selection-part-1/#comment-8579 [...] This post was Twitted by ericderaspe [...] [...] This post was Twitted by ericderaspe [...]

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