Manage Your Project Portfolio, 2nd Edition

Rank with Business Value Points

One easy way is to use business value 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 represents its value to the organization, not the funding you will provide. This separation of value from funding works similarly to how separating project sizing from duration helps project staff estimate 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, the easier it is to ...