Elements and Performance Criteria
- Identify projects and programs
- Undertake a regular census to identify and capture all ideas, proposed, planned, active or inactive projects and programs in the organisation, the project sponsor and their project approval status
- Capture macro-level project and program information for every project and program within the project portfolio
- Implement ongoing identification and capture of project and program information using formalised tools and processes that are agreed to with executive management
- Undertake strategic alignment
- Align and objectively score projects and programs against organisational strategic objectives
- Identify and assess key drivers, internal and external sources of impact for projects and programs within the portfolio
- Assess projects and programs to determine the degree of alignment with, and contribution to, one or more strategic objective
- Highlight and flag projects and programs that do not align to one or more strategic objective for further analysis
- Categorise projects and programs according to each strategic objective
- Apply prioritisation