Process For Managing Project Priorities - 2359 Words

Managing IT Priorities VWOA Process for managing Project Priorities Company develops the process of priorities to stay gather the information of which project would impact the company and would achieve their goals in the future and maximize business. With that being said prioritizing projects is the key to be successful in the business, to develop that strategy a company should allocate it resources in various explicit projects and their implementation. The process of deciding and which project should be priority based on business requirements and goals could be a very difficult decision. Since, every project in the company holds importance but because there is a budget which is funded the departments have to select those project priorities to maximize their budgets and fulfill business goals In this case VWOA had two processes one was the old process and the other was the new process. The old process was the IT projects priorities were made by the Executive Leadership Team (ELT) with some discussion and evaluation of project and fund those were available the decisions were made. This process was not structured neither, they involved any departmental heads to discuss on the prioritization of projects. On the other hand with the new process that Dr. Use Mathulovic, Chief information officer (CIO) of VWOA implemented and thought that would improve the way of prioritizing the IT projects was â€Å"to make trade-offs explicit and link the projects and the core businessShow MoreRelatedproject manajment1121 Words   |  5 Pagesï » ¿2-15-99 Project Management: The Managerial Process COMPREHENSIVE TABLE OF CONTENTS PREFACE CHAPTER 1 Modern Project Management What is a project? 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