Thanks to using a project prioritization tool, you will be able to achieve the following goals:
Increase the success rate of your projects
Guarantee a higher return on investment
Improve the quality of project requests
Eliminate obsolete projects
Enhance the commitment of your project team
Secure executive sponsorship
Allocate your resources more rationally
Make better in-project decisions
Once you install a project prioritization tool, you will quickly appreciate its ability to save you time and effort. Your staff will not be "drowning" in their daily workload anymore.
The essence of prioritization boils down to four simple steps.
Define the value. You should unambiguously formulate the strategic mission of your business.
Weight your criteria. Decide on the parameters that add importance to a project.
Evaluate and score your projects according to the criteria that you set.
Range the projects according to their priority.
A project prioritization tool will help you to carry out the third and the fourth steps. After capturing basic information about a project, it will score it against the criteria. Then, it will estimate the costs and resources required to deliver the project. It will assess the risks related to carrying out the project. Finally, it will bring together all the information on all projects and decide which ones are of higher importance.
The biggest merit of Bitrix24 is that it is not just a project prioritization tool. It is a powerful and versatile system that can help you with task and project management, HR, customer relations, site building, sales, communications and so on. When you entrust project prioritization to it, it will enable you to make more balanced and informed decisions. Its interface is remarkably user-friendly. You can carry out very complex tasks in the system with minimum effort.
This project prioritization tool enables you to plan your projects and interconnect them. You can assign responsible professionals to each project and monitor their performance. Your staff members will be able to communicate among themselves using the in-built Bitrix24 tools, such as voice calls, text messengers and video conferencing. Your employees will get access to shared calendars and will be able to see when someone is absent or planning a leave. You should be able to track the progress of each project and detect any potential bottlenecks long before they turn into serious obstacles.
Bitrix24 is available both in desktop and mobile formats. New customers can try it for free and then purchase its cloud or on-premise version. This valuable investment will quickly pay off.
* Please note that the information may have changed since the publication. For current prices and features please visit Bitrix24 pricing page.
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For more information about Bitrix24, head over to our training courses. We also have a great YouTube channel that covers every aspect of Bitrix24, from sales and planning to document management and company internal communication tools. To download the self-hosted edition of Bitrix24 that can be installed on your own server and give you access to open source code, please visit the Bitrix24 Self-Hosted page.