Once you’ve narrowed your list down to two of three processes, use the following table to rank them.
Once you’ve identified the projects that are thought to be the best fit, match them up against each other in a merciless Deathmatch using the Project Selection matrix above, and don’t be afraid to embrace the winner.
1. Select criteria to use.
Determine if all criteria are a good fit for your organization. It is fine to use all but also okay to remove one or two.
2. Weight criteria
10 – select the most important criteria and give it a weight of 10.
1-9 – for each remaining criteria, weight them based on your organization’s areas of focus
3. Rate each project
For each criteria, rate each project for it’s fit to the criteria from 1-5 (higher is a stronger fit)
It is best to do each criteria for all projects, so the rating is relative between projects
4. Score – Calculate the score for each project
Multiply each rating by the weight for that criteria
Add up all scores for each project, giving a total score
The project with the highest score is the best option for an initial BPM project
Do the scoring, get the buy in, and set a clear path for deliverables. Our next article will dig into the how to align those deliverable during implementation.
Written by Max Habibi.