One tool that I really liked from the class was the Impact-Effort Matrix.
To determine project worth doing, the matrix has the:
Impacts (Vertical) - Improved customer satisfaction, quality, delivery time, etc.
Effort (Horizontal) - Money, Time, etc.
The best bang for the buck are the projects in upper left ("Quick Wins") that have a high impact or return for not a lot of effort.
In contract, the projects that are the least desirable are in the lower right ("Thankless Tasks") that have a low impact or return but come at a high cost or lot of effort.
This is simple to do and understand and yet really helps to prioritize projects and find the best choices among them. ;-)
(Source Graphic: Andy Blumenthal)
No comments:
Post a Comment