1. UBT Project Prioritization Matrix
(Enter project name here)
PSP Goal
5: Yes
3: Somewhat related
1: No
Strategic Value
5: Highly Important
4: Important
3: Somewhat important
2: Of little importance
1: Not important
Ease
5: Very Easy
4: Easy
3: Neutral
2: Difficult
1: Very difficult
Financial Benefit
5: Highly Likely
4: Likely
3: Somewhat Likely
2: Unlikely
1=: Highly unlikely
Resource* Impact
5: Low impact
4: Minimal impact
3: Some Impact
2: Considerable impact
1: High impact
Overall Priority
Project A
Project B
Project C
To determine project priority:
1. List potential projects for the year.
2. Rate each project on all five criteria – whether it is a Performance Sharing Program (PSP) goal; its strategic value; ease of implementation; financial benefit to the department or region; and the resource impact of testing or making the change.
3. Determine the overall priority by adding across for each project and dividing by 5 (the number of criteria). The higher the score, the higher the project’s priority!
* Resources include costs, people (time), equipment