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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 and Vendor Profile

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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

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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

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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

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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 Spreadsheet

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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

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

Package Evaluation Test Report

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What is involved in conducting an evaluation test for an application package? Here's a guide for reporting the test requirements, procedures and results.

Package Performance Factors

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Keeping track of the critical performance factors of the new application package is a key to the success of the package. Use this chart to ensure success!

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