The easy & effective way to create a project priority matrix
You may not want to hear this, but it’s the truth:
You cannot be successful in projects if you don’t get your priorities straight. Knowing how to make a project priority matrix is an absolute MUST for every project manager!
The purpose of a priority matrix
A project priority matrix takes the project management triple constraints theory that involves scope, time, and budget, and helps you decide your order of priorities for these three aspects.
Having a project priority matrix really guides your decision making because it gives you a clear understanding of the #1 constraint you have in your project, so that you know what aspects of your project are flexible vs. immovable.
How to create a priority matrix
A priority matrix is about taking your triple constraints (scope, time, and budget) and deciding which one is a constraint, which one can be optimized, and which one is acceptable.
If you’ve never created a project priority matrix before, all this lingo might sound a little confusing. So, I created a video to visually show you exactly what a project priority matrix is, how to make one, and what exactly all these terms mean!
Head over to YouTube with me to hear more.
On top of that, in my course SLAY Project Management I go through every project management technique you’ll need for a successful career, including how to use them in both project and non-project settings. Make sure you check it out.
-Adriana
