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How to Prioritize Projects When Every One is Critical
Project prioritization is an important component of project portfolio management as it ensures that organization resources are directed towards the highest value project investments. Traditional approaches to project prioritization have used subjective labels or have utilized objective approaches using a single variable such as return on investment.
These approaches have their drawbacks, and it is recommended to prioritize projects using a balanced weighted score that is calculated from multiple objective criteria. Eclipse Project Portfolio Management is able to capture objective project priorities and has a variety of views and reports that can enable executives to visualize this information.
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