ASSESSING PROJECT VALUE
Move beyond the limitations of traditional project scoring methods like weighted sums in Excel.
Our advanced multi-criteria analysis approach is designed to capture the true value of each project in alignment with your organization’s unique strategy and investment objectives.
Discover how our methodology offers a more nuanced and effective way to prioritize projects.
Our project scoring is rooted in a multi-criteria analysis framework that extends well beyond mere financial considerations.
We incorporate a diverse range of criteria, including but not limited to Return on Investment, Financial Risk, Implementation Risk, Sustainability, and Employee Welfare. This approach ensures a comprehensive evaluation of each project’s potential impact and alignment with your strategic goals.
Understanding that no two organizations are the same, we never use a standard set of criteria.
Each criterion is carefully selected and weighted to reflect its importance in your specific context, ensuring that the scoring aligns with your strategic objectives and investment priorities. Our methodology is flexible and adaptable, allowing for the evolution of criteria as your organization’s needs and strategies evolve.
P2MAP’s approach to project scoring emphasizes the importance of the type and quality of data used. We guide you in selecting relevant data points and employing them effectively in the scoring process.
Our solution supports a transparent and collaborative decision-making process, fostering better discussions and reflections based on quantified analysis and scenarios. This transparency ensures broader adoption and trust in the scoring process across your organization.
Enhanced Strategic Alignment
Our scoring methodology ensures that each project is evaluated in the context of your organization’s overarching strategic goals. This alignment guarantees that resources are invested in projects that truly drive your business forward, supporting long-term objectives and maximizing strategic impact.
Informed and Transparent Decision-Making
With the comprehensive insights provided by our multi-criteria analysis and sensitivity tools, decision-makers can confidently select projects that offer the best balance of risk and reward. This informed approach reduces uncertainty and enhances the quality of decisions, leading to more successful project outcomes.
Increased Stakeholder Engagement and Buy-In
The collaborative nature of our scoring process fosters greater stakeholder engagement and buy-in. By involving various stakeholders in the criteria selection and weighting process, our methodology ensures that diverse perspectives are considered, leading to a more inclusive and accepted project prioritization process.
P2MAP employs Multi-Attribute Utility Theory (MAUT) to provide a sophisticated and nuanced approach to project scoring. This method elevates the process of project prioritization and selection, offering distinct advantages over traditional methods.
We adapt our approach to match your organization’s maturity in project portfolio management. Starting with a few key criteria, we can gradually expand and refine the scoring system in an agile manner.
Our team assists in defining effective criteria, establishing weighting through a collaborative elicitation process, and supporting data collection. This step-by-step approach ensures quick wins and continuous improvement in your project prioritization process.
Multi-Criteria Analysis
Our methodology employs a multi-criteria analysis approach, allowing for a nuanced evaluation of projects. This enables the consideration of various aspects such as financial returns, risks, sustainability, and strategic alignment, providing a well-rounded assessment of each project’s potential value and impact.
Dynamic Scoring Model
The dynamic nature of our scoring model ensures adaptability to changing business environments and strategies. This flexibility guarantees that project evaluations remain relevant and aligned with current organizational objectives and market conditions.
Sensitivity Analysis
Our methodology includes sensitivity analysis tools, crucial for understanding how changes in criteria weights or project parameters can affect overall project scores. This feature leads to more robust and resilient decision-making.
Collaborative and Transparent Decision-Making
P2MAP facilitates a collaborative and transparent decision-making process. Stakeholders are involved in the criteria selection and weighting process, enhancing the relevance of the scoring system and ensuring buy-in and trust among all participants.
Ready to experience a more advanced and strategic approach to project scoring? Contact us to learn how P2MAP can bring clarity and precision to your project prioritization process, aligning your investments with your strategic goals.