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'P' is for Prioritization: 4 Things Your PMO Must Focus On

by Elizabeth Harrin

The ‘P’ in PMO can stand for a lot of things…project, program, portfolio, etc. But what if it stood for prioritization? There are lots of things that need prioritizing, but here are the four most important elements.

Package & Vendor Selection Project Plan

PREMIUM project plan

The build or buy question has already been answered. Now, what do you want to buy, and from whom? This plan will get you over those hurdles fast.

Package and Vendor Profile

deliverable

Here's an at-a-glance reference that itemizes what those application packages can do and how well their representative vendors stand up to your requirements.

Package Change Specifications

deliverable

The application package won't be perfect out of the box. It will need modifications to make it fully serve your business needs. Use this matrix to guide you in identifying the necessary changes.

Package Cost Spreadsheet

deliverable

How much will implementing, customizing, operating and upgrading an application package cost? Analyze how it fits your budget with the package cost spreadsheet.

Package Evaluation Approach

deliverable

Which application packages and vendors are right for your project and how will you go about finding that out? This comprehensive list of evaluation activities and approach methods guides you through conducting the package evaluation process and choosing the finalists.

Package Evaluation Method Plan

PREMIUM project plan

Need a large-scale application package and don't know where to start to pick one? This Microsoft Project plan details how to evaluate qualified vendors and packages, then guides you through the process of selecting an application package for implementation.

Package Evaluation Spreadsheet

deliverable

How do vendors and their packaged applications stack up against each other? Use this evaluation spreadsheet to see how they fulfill your business and technical requirements.

Package Evaluation Team Roles

deliverable

Defining project team roles and responsibilities ahead of time will save everyone's sanity. Here's a sample role/responsibility assignment matrix.

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