Rank Order the Projects in the Portfolio Using Points
One easy way is to use points to rank the projects. Points help you see the relative business value and ignite discussion about the relative value of each project. When you rank with points, you’re separating business value from funding. The number of points you assign to a project is a representation of its value to the organization, not the funding you will provide. This separation of value from funding works in a similar way that separating project sizing from duration helps project staff estimates better.
Start with a large total number of points. You will assign a unique number of points to each project, showing its relative value to other people. The larger the total number of points, ...
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