Initiative Prioritization

An initiative is a:

a new plan or process to achieve something or solve a problem - Cambridge Dictionary

An initiative can be a project, a program, a demand, a proof of concept or simply a change request. Initiatives are time-limited undertakings and are primarily intended to improve existing or develop new people, process and technological capabilities that will help the organization achieve its business objectives.

Not all initiatives are equal with some having priority over others. Initiatives should be evaluated and prioritized to ensure that those with clear business value are treated as more important and take precedence over others.

An objective prioritization model is needed that uses the following factors to prioritize initiatives.

1. Alignment of business and IT

2. Impact on capability

3. Technology impact

4. Risk mitigation

5. Clear business benefits

A score is assigned to categorize initiatives based on the score.