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Prioritization Methodology March 2014PRIORITISATION METHODOLOGYTable of contents
1Introduction................................................................................................................................
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How to fill out prioritisation methodology:
01
Identify and define the objective: Before starting the prioritisation process, clearly articulate the goal or objective that you want to achieve. This will help guide your decision-making throughout the process.
02
List all potential options: Make a comprehensive list of all the possible options or tasks that need to be prioritised. This could include projects, tasks, ideas, or even decision criteria.
03
Determine criteria for prioritisation: Establish the criteria or factors that will be used to evaluate and compare the options. These criteria could include factors such as urgency, importance, impact, resources required, or other relevant factors specific to your situation.
04
Assign weights or importance values: Assign a weight or importance value to each criteria to indicate their relative significance in the prioritisation process. This will help in objectively ranking the options based on their alignment with the established criteria.
05
Evaluate and score options: Assess each option against the established criteria and assign scores based on how well they meet each criterion. This could be done using a numerical scale, a rating system, or any other method that suits your needs.
06
Calculate priority scores: Calculate the overall priority score for each option by multiplying the assigned scores with the respective weights or importance values. This will provide a clear indication of the relative priority of each option.
07
Review and refine the prioritisation: Review the results and identify any potential biases or inconsistencies. Make necessary adjustments or refinements to ensure a fair and accurate prioritisation methodology.
Who needs prioritisation methodology:
01
Individuals or teams working on multiple projects or tasks: Prioritisation methodology can help individuals or teams manage their workload efficiently by providing a systematic approach to determine which tasks or projects should be given priority based on their importance and urgency.
02
Businesses or organizations managing limited resources: When resources such as time, budget, or workforce are limited, prioritisation methodology becomes essential to allocate these resources effectively. It enables businesses or organizations to focus on the most critical areas or projects that will generate the most significant impact or return on investment.
03
Decision-makers or leaders facing competing demands: Decision-makers often find themselves in situations where they have to make tough choices between different options or initiatives. Prioritisation methodology helps them make informed decisions by providing a structured framework to evaluate and compare the options based on predefined criteria.
In conclusion, individuals, teams, businesses, organizations, and decision-makers all benefit from implementing a prioritisation methodology. It provides a structured approach to manage complex tasks or projects, allocate limited resources efficiently, and make informed decisions based on objective criteria.
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