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Project Priority/Scoring Model

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Hello fellow Project Managers,
I am writing this post as an inquiry if there is anyone who is willing to share their methodology for project prioritization/scoring criteria. i work in healthcare industry. My employer is looking toward using T-shirt sizing but is not "sold" on this path. Does anyone know of a resource (online, book, etc.) that can provide examples and/or templates of various scoring models?
Thank you. :-) 
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Keith Novak Tukwila, Wa, United States
Christina,
I took a semester course on system modeling which is the same concept and found most of my sources in research papers. Individual papers will often describe a method while literature studies will cover what is out there and some broader analysis.

The right method depends on how objective you want your scoring. T-shirt sizing by multi-voting works very well provided you have enough opinions or the scores will get more biased to a few opinions. A more involved scoring model that does the same thing is commonly done using fuzzy logic where instead of asking about the whole project you ask about certain attributes, and it calculates the closest t-shirt size by considering neck, arms, length, girth etc. together and what's the better fit in a few areas.
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Kiron Bondale Retired | Mentor| Retired Welland, Ontario, Canada
Christina -

You will want to work with your portfolio leadership team to understand what factors they consider to be important, get a sense as to the relative weights, come up with a prototype model and test it using a set of current projects and then iterate on that with the leadership team.

As no two companies will have the same strategic plan and constraints, while other companies' scoring models might provide ideas, they wouldn't be a good starting point.

In terms of criteria to consider, the following is a few I've run into in various health care organizations:
- Risk reduction
- Regulatory compliance
- Financial (e.g. increased revenue, increased profit or cost reduction)
- Strategic alignment
- Patient outcomes
- Stakeholder satisfaction

Kiron

Christina,
Something successful I have been using is Weighted Scoring Model as method for project prioritization. In this you can identify key parameters and assigned weights to different criteria (e.g., ROI – 30%, Strategic alignment – 30 %, Technical Complexity 40%, etc.)
For any new project coming will then score each against these criteria as cross functional team helps derive prioritization index which further used as managing projects.
In terms for online tools, there are few which know such as Smartsheet or Wrike as they offer project prioritization templates, which can be helpful to start with as a reference. Also, you can refer to ProjectManagement.com which includes a wealth of templates and resources for different scoring and prioritization models.



However, as pointed by Kiron above - as no two companies will have the same plans/constraints so above can be for reference. Hope this helps..!!

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Sergio Luis Conte Helping to create solutions for everyone| Worldwide based Organizations Buenos Aires, Argentina
Just to put this in terms of the PMI´s framework my recommendation is taking a look to Business Analysis related standards.
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Rami Kaibni
Community Champion
Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
Christina, have you used MoScOW prioritization technique? Check it out!
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VerĂ³nica Elizabeth Pozo Ruiz RYLAI Access Control Quito, Pichincha, Ecuador
Christina, scoring models should be adapted to the needs of your company. In each model, you should include the main factors involved in the processes and strategies.
For reference, check this link, which provides scoring model samples and templates:
https://www.slideteam.net/blog/top-10-weig...es-and-examples
You can get the best ideas to create a scoring model for your enterprise.
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Pavan Maddi
Community Champion
Buona Vista, Singapore
Christina Smith Great question! Project prioritization depends on factors like impact, urgency, and resources. T-shirt sizing is a simple approach, but other models like weighted scoring or value vs. effort matrices might help. PMI and healthcare industry guides may have useful templates.

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