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Define Project Priorities

Project Priorities:
A) Remember the performance “triangle”

B) Effective project managers know the importance of forcing a prioritisation between these criteria, rather than merely saying all are equally important.

C) We now add a further dimension to create a project priority matrix

D) It is useful to force priorities between the 3 performance criteria, even if this is difficult to do.

E) To do this, one can decide:

  • which of the criteria should be constrained i.e. fixed and not changeable
  • which should be enhanced i.e. optimised, so adding value
  • which should be accepted i.e. could tolerate not meeting the original objectives

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