Prioritization is a form of risk management as by prioritizing the list of features, it manages the risks of cost and value of the project. We always create the least costly yet highest value feature of the project which minimizes the risk. This will further minimize the social and technical risk associated with the project. The objective of this template is to help the company to manage the teams workload and hit deadlines as well as identify the most important tasks and spend more time, energy, and attention on the right things. We have covered the current situation analysis of the company wherein we have shared the companys productivity and revenues for 5 years and project completion Gantt chart covering the completion and delay time period of the current ongoing projects. The need for prioritizing tasks has been covered which focusses on decreasing revenues, project failure, poor resource allocation, etc. Furthermore, the challenges faced by the company along with their possible solutions are considered here. Different models of prioritization techniques are covered in detail such as lean prioritization, MoSCoW, Kano, RICE and ICE. The comparison of these techniques are done and the best one is utilized in the company to prioritize the projects and their tasks. We have also focused on the measurable impact of prioritization techniques in the business such as increased revenues, satisfied customers, better communication, etc. Various dashboards that manage the project task list on the priority basis and project management tool are considered in this template. https://bit.ly/30gHBpz
2. Agenda of Prioritization Techniques
2
Help the company to manage the team’s workload and hit deadlines
Identify most important tasks and spend more time, energy and
attention on the right things
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3. Tableof
Content
3
01. Current Situation Analysis
› Company’s Productivity and Revenues for 5 Years
› Project Completion Gantt Chart
02. Need for Prioritizing Tasks?
04. Prioritization Techniques Model
› Lean Prioritization
› MoSCoW Prioritization Technique
› Kano Model
› RICE Scoring
› ICE Scoring Model
03. Why is Prioritization a Challenge for the
Company?
05. Comparison of Prioritization Techniques
06. Impact of Using Prioritization Techniques in
Business
07. Company Performance Metrics
› Project Task List on the Basis of Priority
› Project Management Dashboard Tool
5. Company’s Productivity and Revenues for 5 Years
5
This graph provides the company’s revenues and productivity for 5 years and showing a decrease in the company’s growth.
0
20
40
60
80
100
120
140
160
180
200
0
20
40
60
80
100
120
140
2016 2017 2018 2019 2020
Totaloutputin00’sunits
Amountin$millions
Years
Revenue Productivity
Key Insights
Company’s productivity has been reduced by 26% since 2017
Company’s revenue has been decreased to $65 billion in 2020
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This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
6. Project Completion Gantt Chart
6
This graph shows the project completion status wherein their completion and delay to completion are evaluated in weeks.
0 1 2 3 4 5 6 7 8
Project 1
Project 2
Project 3
Project 4
Completed (in weeks) Delay to completion (in weeks)
› In 2020, project 1, 3 and 4 are getting
delayed by 3 weeks, 2 weeks, and 4
weeks respectively
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Key Insights
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
8. Need for Prioritizing Tasks
8
This slide consists of the need for prioritizing tasks in the business such as unachievable targets, project failure, poor resource allocation, etc.
of projects fail due to changing project scope & requirements and regular
breakdown in communications
57%
in revenues due to unachievable targets
26%
since focus is on less value added services instead of the
important ones
Poor Resource Allocation
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57%
26%
10. Challenges Solutions
80% Wastage of Resource since resources were used
on least important projects
Clearly prioritizing the list of projects and allocate
the resources effectively during implementation
76% of projects have poorly defined goals, which
leads to confusion and chaos within the team
Hold a kickoff meeting with the team members and
use planning software and team-collaboration apps
to define goals precisely
57% of projects fail due to lack of communication
Provide clear directions and feedback on the
performance and incorporate team activities to
foster teamwork and good communication
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80%
76%
57%
Why is Prioritization a Challenge for Company?
10
This slide consists of the challenges faced by the company such as wastage of resources, poorly defined goals, lack of communication, etc. along with their solutions.
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12. Lean Prioritization (2x2 matrix) Technique
12
This slide consists of the 2x2 matrix which focuses on the value and effort concept used to feature prioritization in project management.
Priority 3 Priority 1
Priority 2
D A
E
C
B
Degree of impact /Return
Low High
HighLow
Effort
Low priority Reconsider
Just Do It Complex but worthwhile
› Most common axes are efforts vs. impact
› Other axes include risk, speed, profitability, etc
Key Insights:
Focus on
Projects A, C, E
immediately
Plan for
Project D
Reconsider if
project B is still
viable option
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Here
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Here
Project DD
Project EEProject AA
Project BB
Project CC
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13. MoSCoW Prioritization Technique (1/2)
13
This slide consists of the MoSCoW technique which focuses on must, should, could, and would method to categorize projects based on the list of requirements, ideas, etc.
Must HaveMo
› Fundamental Requirements
› Minimum Usable Subset
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Feature A
Should haveS
› Important Requirements
› Need to have
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Feature B
Could haveCo
› Negotiable requirements
› Nice to have
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Feature C
Will not haveW
› Non-value adding requirements
› Not required now, may be later
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Feature D
Key Insights:
› Feature A is a non-negotiable and satisfying
feature and a project will fail without them.
› Feature B is of high priority but not critical to
launching, thus occupy 2nd place in the
priority list.
› Feature C is not necessary but desirable
› Feature D will not be implemented in the
current release.
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14. MoSCoW Prioritization Technique (2/2)
14
This table consists of the MoSCoW technique which focuses on must, should, could, and would method to categorize projects based on the list of requirements.
Project goal and scope
Milestone and major deliverables
Work Breakdown structure
Budget
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R
E
Q
U
I
R
E
M
E
N
T
Must Have Should Have Could Have Wont’t Have
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15. Kano Model Analysis (1/2)
15
This slide consists of the Kano model analysis which helps the company to improve customer satisfaction and encourage them to be more strategic about the features included in product and services.
Attribute 1 is a basic feature that a
customer expect in a product or service
Attribute 3 increases the customer’s
enjoyment of the product or service
Attribute 2 is the surprise element that
boosts the product’s competitive edge
and makes customers delighted
Key Insights:
High
CustomerSatisfaction
Low
Absent Product Function Fully Implemented
Attribute 2
Attribute 3
Attribute 1
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16. Kano Model Analysis (2/2)
16
This slide consists of the Kano model analysis which helps the company to identify customer requirements and satisfy such requirements.
One Dimensional
› Customer Satisfaction
Surveys
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Must be’s
› Customer Attrition Analysis
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Delighters
› Customer Loyalty Programs
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+
- +
-
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17. RICE Scoring System (1/2)
17
This slide consists of the RICE scoring system for prioritization in project management which focuses on four factors to evaluate each project idea by reach, impact, confidence, and effort.
Reach
(number of customers will
this impact)
Impact
(how much will this
impact on customer)
Confidence
(about reach, impact and
effort)
Effort
(how many “person-
months” will this take)
RICE score
Project 1 450 3 100% 2 675
Project 2 2,000 1 80% 4 400
Project 3 800 2 50% 1 800
NOTE:
Scoring
System for
ProjectName
Reach Impact Confidence
Effort
› Project 3 has the highest score of 800, which means that its total impact per
time worked is the highest
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Key Insights:
Impact- 3 for “massive impact”, 2 for “high”, 1 for
“medium”, 0.5 for “low”, and finally 0.25 for “minimal”
Confidence- 100% is “high confidence”, 80% is “medium”,
50% is “low”
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18. RICE Scoring System (2/2)
18
This slide consists of the RICE scoring system for prioritization in project management which focuses on four factors to evaluate each project idea by reach, impact, confidence, and effort.
Reach Impact Confidence Effort Score
1000 2 50 60 17
500 1 90 90 5
6000 3 80 40 360
4500 0.25 80 120 8
500 3 95 15 95
Auto Suggest transactions
Get approval from client of
proposal and feature to be
implemented
Budget warning
Quick file sharing with link
Add text here
T
A
S
K
S
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19. ICE Scoring Model (1/2)
19
This slide consists of the ICE scoring model which evaluates every feature with impact, confidence, and ease and gets the score.
Impact
(Impact of this idea
on goal)
Confidence
(certainty of the
success of this
project)
Ease
(difficulty in
developing the
project)
Impact Confidence
Ease ICE score
Project 1 7 6 5 210
Project 2 9 7 2 126
Project 3 8 5 4 160
Scoring System for
NOTE:
Impact- 1 for “tiny
impact”, 10 for
“huge impact”
Confidence- 1 for “very
risky project”, 10 for
“completely safe”
Ease- 1 for “very
difficult”, 10 for
“super simple”
Key Insights
› Project 1 has the highest
score of 210, thus it is on the top
of the priority list.
› Text Here
› Text Here
ProjectName
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20. ICE Scoring Model (2/2)
20
This slide consists of the tasks which a company needs to perform and choose the model based on the priority by using the ICE score model.TASKS
Impact Confidence Ease Score
1. Get approval from the client of
proposal and features to be
implemented
7 8 6 336
2. Build new software to target
inactive users
1 2 3 6
3. Redesign flow of new users to
boost conversions
8 4 4 128
4. Add Text Here X X X X
5. Add Text Here X X X X
6. Add Text Here X X X X
Key Insights:
Task 1 has the highest score
thus will be the first one on
the priority list
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22. Comparison of Prioritization Techniques
22
This chart compares the features of all the prioritization techniques which a company can consider for a particular project such as lean prioritization, MoSCoW, kano, RICE, ICE, etc.
Techniques Simple Data- Driven Tech Balanced
For Mature
Projects
For New Projects Add Text Here
Lean Prioritization ✓ ✓ ✓
MoSCoW ✓ ✓ ✓
Kano ✓ ✓ ✓ ✓
RICE ✓ ✓ ✓
ICE ✓ ✓ ✓ ✓ ✓
Add Text Here ✓ ✓ ✓
Add Text Here ✓ ✓
Add Text Here ✓ ✓ ✓ ✓
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24. Impact of Using Prioritization Techniques in Business
24
This slide consists of the impact of prioritizing tasks in the business such as increased revenues, satisfied clients, better team management, etc.
of clients are satisfied since projects are completed on time and there is an
increase in the company’s productivity
53%
in revenues due to proper planning and defined goals
38%
which will encourage the members to communicate
openly with the leaders about the projects
Introducing Project Management Software
Text here
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53%
38%
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26. Project Task List on the Basis of Priority
26
This slide consists of the dashboard of the project task list along with the priority list, start date, end date, and actual end date.
Project Task Priority Start Plan End Actual End %Complete Project Start
Days to
Start
Complete Incomplete
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Here
Plan Days
Project 1 Task 1 Description High 1/5/2020 1/15/2020 1/15/2020 1/1/2020 4 5 5 0 10
Task 2 Description Medium 1/10/2020 1/17/2020 1/23/2020 1/1/2020 9 7 0 6 7
Project 2 Task 1 Title Low 2/15/2020 2/28/2020 3/10/2020 1/1/2020 45 3.9 9.1 10 13
Task 2 Title High 1/7/2020 2/1/2020 2/5/2020 1/1/2020 6 12.5 12.5 4 25
Project 3 Task A Low 2/15/2020 2/18/2020 1/1/2020 45 0.9 2.1 0 3
Task B Low 2/25/2020 3/17/2020 1/1/2020 55 0 10 0 10
Task C Low 3/10/2020 3/22/2020 1/1/2020 68 0 12 0 12
1/1/2020 0 0 0 0 0
1/1/2020 0 0 0 0 0
Jan 1, 2020 Jan 29, 2020 Feb 26, 2020 Mar 26, 2020
Project 1
Task 1 Description
Task 2 Description
Project 2
Task 1 Title
Task 2 Title
Project 3
Task A
Task B
Task C
Project Start 1/1/2020
50%
100%
30%
50%
30%
Project Task List Complete Incomplete Add Text Here
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27. Project Management Dashboard Tool
27
This slide consists of the dashboard of the project task along with the workload, time spent, completed, in progress and not started tasks.
Tasks Workload
0 6 12 18 24 30
Project 1
Project 2
Project 3
Project 4
Project 5
Project 6
Project 7
Project 8
Project 9
Completed Remaining Overdue
Project Time Cost Workload Tasks Progress
Project 1 8 24%
Project 2 8 44%
Project 3 13 46%
Project 4 5 56%
Project 5 3 66%
Project 6 7 78%
Project 7 7 75%
Project 8 12 66%
Project 9 10 10%
Project 10 4 6%
Summary
CompletedNot started
In Progress
Spent Time on Projects
28%
23%20%
20%
5%
4%
Project Name 1
Project Name 2
Project Name 3
Project Name 4
Project Name 5
All Other Projects
Created vs. CompletedTime
52%
73%
21%
100 75 50 25 0 25 50 75 100
Slippage
Actual completion
Planned Completion
Behind Ahead
0
20
40
60
80
100
120
10-21-2020 10-23-2020 10-25-2020 11-02-2020 11-06-2020
Created Completed
Task
29
55
16
Task Type This Month
This graph/chart is linked to excel, and changes automatically based on data. Just left click on it and select “Edit Data”.
30. Gantt Chart for Tasks Assigned to Employees
30
Est. hours Actual hrs October 2020
Website Redesign Project 629 hrs 66.75 hrs 26 27 28 29 30 3 4 5 6 7 10 11 12 13 14 17 18 19 20 21 24 25 26 27 28 31 1
Design / Layout 110 hrs 32 hrs
Wireframe 12 18
Home Page 16 11
About Us 16 3
Add Text Here 16 0
Add Text Here 25 0
Add Text Here 25 0
Photography 67 hrs 22.5 hrs
Photo Story 8 7.07
Original Content (Studio S… 16 8.68
Add Text Here 30 9
Add Text Here 8 0
Add Text Here 2 0
Review Shots 2 0
Upload Final Images 1 0
Buildout 112 hrs 12.5 hrs
Logo use Guidelines Docu… 16 10
Landing Page 24 0
Add Text Here 24 0
Add Text Here 24 0
Add Text Here 24 0
Brandon
John
Text Here
Jason,john,photographer
Text Here
Janson. John
Designer. marketing
John. Marketing. QA lead
Text Here
Jason
Brandon. designer. Marketing.QA lead
Jake. john
John
Text Here
Text Here
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31. Our Mission
31
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Vision
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Mission
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Goal
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Name Here
Designation
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Designation
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Name Here
Designation
Our Team
32
33. About Us
33
Preferred by Many
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Target Audiences
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Value Clients
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34. Our Goal
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Goal 01
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Goal 02
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Goal 03
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37. Timeline
37
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2016
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2018
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2020
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2019
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2017
Start Finish
38. Financial
38
20%
Minimum
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30%
Medium
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50%
Maximum
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39. Thanks for Watching!
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Address
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Contact Number
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