Five Steps for Small Project Prioritization - Slide 4

1 | 2 | 3 | 4 | 5 | 6
Next Five Steps for Small Project Prioritization-4 Next

If you are going to propose a project, you have togive the folks considering it-many of whom may not have the clearest view ofhow your line of the business works-an idea of what the post-launch success metrics andoperation costs will entail.

One of the dirty little secrets of most development projects, particularly in smaller businesses, is that they often get pushed into the IT pipeline before anybody does any real homework to see if they make sense.

Sure, an idea may sound like a no-brainer when you discuss it at the senior managers meeting, but there’s a facility to filling out a little paperwork to justify a tech project, even if it is going to run only a few thousand bucks in direct development expense. After all, you could always have spent that money on something else that made even better sense, when put to a little scrutiny.

Before you can truly prioritize a business initiative, you have to know the cost. And for a dev project, cost estimates – at least credible cost estimates – are in themselves expensive, given that they need to be done by high-value employees or contractors.

One answer-in-progress is a simple proposal form that can be found in the Knowledge Network. The three-page template covers the basics of top-level project justification. For larger projects, it should be accompanied or followed by more intensive financial projections, but for smaller projects, these key points will prepare a prioritization committee or group of managers to green-light a proposed project for formal business requirements and functional specs.

More Slideshows:

Why IT Projects Fail
Recognize the early warning signs of imminent project failure.

10 Tips: Have a Great Project Meeting

Since meetings are vital to a project's success, the secret lies in simply making them more efficient. Here are 10 ways to conduct better meetings.

11 Keys to Successful Outsourcing

Consider these fundamental points when outsourcing IT projects.


Related Topics : Presentation Applications, Configuration Management, Database Administration, Enterprise Search, Load Performance and Stress Testing

More Slideshows

IT_Man61-290x195 Improving Business Productivity Through PDF Technology

PDF done right can touch every employee, while bringing a host of productivity and collaboration benefits to bear. ...  More >>

BreakThroughTechSoftwareUpdate0x Six Warning Signs You've Outgrown Your Software

Despite their importance, many SMBs let their tech solutions languish and turn into outdated relics that can't offer the necessary speed, collaboration and functionality for the modern user or customer. ...  More >>

Subscribe Daily Edge Newsletters

Sign up now and get the best business technology insights direct to your inbox.