Portfolio Prioritization – IT Center of Excellence

Drive Down Uncertainty of WHY and Learn Fast

Optimizing alignment of the organization to the strategic imperatives of the enterprise ensures that effort and expense is directed at the most important goals.

Purpose

Portfolio Prioritization creates an organizational focus on the top priorities and most valuable problems to be solved
This process is critical to optimizing time to realize Early ROI
Prioritize for Value
Validate Business Intent

Inputs

Outcome Hypothesis Writing
Kano Analysis
Cost of Delay Analysis

Activities

Conduct WSJF Analysis
Create Epic Roadmap
Prepare Epic Brief (Solution Approach)
Perform Cost of Delay Analysis
Assign order of magnitude relative estimates for value and effort using Rapid Estimation techniques
Validate the Epic Brief vision and constraints with key business stakeholders, Product Team members, and architects
Determine the values necessary to calculate WSJF (Business Value, Time Criticality, Risk Reduction, SWAG)
Validate the order of the Epics and adjust as needed, ensuring that the highest value epics have been identified
If necessary, identify potential Roadmap impacts of the Epic based on its priority and adjust the order of other Epics in Portfolio Prioritization to ensure the System of Delivery is giving focus to the most valuable priorities

Definition of done

Stack-ranked order of Epics based on value
WSJF preliminary calculations performed
Order of magnitude estimates for value and effort determined
Validated that the highest value epics have been identified
Validated the epic brief and constraints
Epic Brief draft

RACI

R – Product Category Team, Product Line Team
A – Product Category Team
C – Product Manager, SMEs
I – Delivery Team