Rowallan Software Services, Software application development, process optimisation, working in a recession, value for money, reassessing projects, project prioritisation, development troubleshooting, development portofolio.

Project Optimisation

Project overruns, unplanned initiatives or budget changes can make current plans obsolete. In this event the development portfolio should be reassessed. Here are some questions that should be considered as part of such a review:

What is the gap between the current budget and project portfolio?

Businesses should establish the size of the budget change that is being considered and current projects should be re-evaluated to check what resources are currently required to complete the initiative.

How should a project be reassessed in the light of changed circumstances?

For each project review the following items:

Projects with strong business cases, lowest risk, lowest cost, high commitment and clarity of requirements should be given a

The current business case - establish the strength of reasons for carrying it out
The level of anticipated risk should be calculated
Total cost to complete should be determined
How close to delivering benefits
How much support / commitment to the project &business participation
Clarity of business requirements

What happens next?

Changes in project prioritisation should be communicated to all stakeholders.

For assistance in reviewing your current project portfolio, call on the services of our experienced staff to guide you.

Process Picker	Case Histories & Examples
Process Assurance	Insurance
Business Case	Healthcare
IT Steering Committee	Financial Services