How it works

Embedding the two leading methodologies that address the challenges of Project Portfolio Management (PPM), Expert Choice employs:

• The Analytic Hierarchy Process (AHP) (document is in PDF format) is perhaps the most widely used decision making approach in the world today. AHP has been said to be “simple yet rigorous”. With today’s software advances, it can also be extremely quick.  The best way to describe AHP is to describe its three basic functions:
  
  
• Structuring complexity
  
• Measuring on a ratio scale
• Synthesizing
  
  
• The Efficient Frontier (document is in PDF format) , an advanced economics-based optimization and balancing technique that helps teams ensure they are allocating their scarce resources to the best portfolio of projects.
  

This scientific validation combined with user-friendly software provides decision makers with the tools necessary to prioritize multiple variables and funding allocations, effectively overcoming the limits of the human mind to synthesize qualitative and quantitative inputs from multiple stakeholders by:

• Bringing structure and measurement to the planning and budgeting process
• Helping determine strategic priorities and optimally allocating resources
• Communicating priorities and building consensus 
• Documenting and justifying strategic decisions
  

Is your organization ready to improve results? Start the process.