Structured Approach to Idea Generation PPT

This PPT slide, part of the 67-slide Strategic Portfolio Management PowerPoint presentation, outlines a structured approach to generating project ideas, emphasizing the importance of prioritization and efficient management of resources. It begins by advising the exclusion of ideas that require minimal implementation effort, categorizing them as routine tasks that do not warrant further consideration. This sets a clear focus on more impactful initiatives.

Next, the slide introduces a prioritization framework divided into 3 categories: A, B, and C. Category A represents the highest priority projects, necessitating a thorough cost/benefit analysis, application architecture development, and alignment with the overall system architecture. This indicates a need for comprehensive evaluation and strategic alignment before proceeding.

Category B projects are deemed high priority, but require only an estimated cost/benefit analysis and preliminary solution design. This suggests that while these ideas are important, they may not require the same level of scrutiny as those in Category A.

Finally, Category C projects are classified as low priority, indicating that no further action is needed. This clear delineation helps teams focus their efforts on the most promising ideas while avoiding distractions from lower-impact initiatives.

The slide concludes with a practical guideline, stating that 80% to 90% of ideas should be identified and refined during initial meetings or workshops. This reinforces the importance of collaborative brainstorming and structured discussions in the early stages of project ideation. Overall, the slide serves as a valuable tool for executives looking to streamline project selection and ensure alignment with strategic objectives.

EXPLORE MORE SLIDES FROM THIS PRESENTATION

EXPLORE MORE PRESENTATIONS ON

Portfolio Strategy Portfolio Management Ideation Workshops