PMO - prioritization as part of strategic planning (WIP)

In every org I've ever worked, enterprise planning and prioritization has been a challenge.  A number of competing approaches come together to make the spaghetti 

  • By the book, we understand that priorities and initiatives flow down from the overall strategic initiatives.
  • We also know, that product managers prepare vision statements and roadmaps for their products, which provides a 'bottom-up' view of planned items
  • some initiatives have dependencies, pre-requisities.  This means that, unless the initiative without which this initiative cannot start, is approved - there is no point in prioritizing or funding this one.  
  • most initiatives will require labour, and often labour with a specific skillset or area of knowledge.  Many initiatives may be competing for the same skill set, and there is no point approving all of them, if only a few can actually succeed.

So we often end up in a 'chicken-and-egg' situation.  

 

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