Innovation Project Prioritization Template

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Streamline your innovation process by effectively prioritizing and managing your projects with the Priority Matrix. This template helps you track and prioritize your innovative ideas based on urgency and importance, ensuring that the most impactful projects are developed first.

From brainstorming and research to implementation and evaluation, this template provides a structured approach to managing your innovation pipeline, maximizing the impact of your efforts.

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Innovation Project Prioritization for Priority Matrix

Innovation Project Prioritization in Priority Matrix

Prioritize and manage innovative projects effectively using Priority Matrix.

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Proposed Tasks

High Impact, Urgent

  • Brainstorm Innovative Ideas - due in 2 days
    ☐ Identify potential ideas ☐ Discuss with team ☐ Compile a list
  • Prioritize Ideas - due in 1 week
    ☐ Use Eisenhower method ☐ Discuss with team ☐ Finalize priority
  • Develop High Priority Ideas - due in 3 weeks
    ☐ Plan development ☐ Assign tasks to team ☐ Track progress
  • Test High Priority Ideas - due in 1 month
    ☐ Develop test plan ☐ Execute tests ☐ Analyze results

High Impact, Not Urgent

  • Research on Innovative Ideas - due in 1 week
    ☐ Market research ☐ Competitor analysis ☐ Potential impact assessment
  • Implement High Priority Ideas - due in 2 months
    ☐ Plan implementation ☐ Coordinate with other departments ☐ Monitor implementation
  • Evaluate Impact of Implemented Ideas - due in 3 months
    ☐ Collect data ☐ Analyze data ☐ Report findings

Low Impact, Urgent

  • Refine Implemented Ideas - due in 4 months
    ☐ Identify areas for improvement ☐ Plan refinement ☐ Implement refinements
  • Develop Medium Priority Ideas - due in 5 months
    ☐ Plan development ☐ Assign tasks to team ☐ Track progress
  • Test Medium Priority Ideas - due in 6 months
    ☐ Develop test plan ☐ Execute tests ☐ Analyze results

Low Impact, Not Urgent

  • Evaluate Impact of Low Priority Ideas - due in 13 months
    ☐ Collect data ☐ Analyze data ☐ Report findings
  • Prepare Report on Implemented Ideas - due in 16 months
    ☐ Collect data on implemented ideas ☐ Analyze data ☐ Prepare report
  • Refine Low Priority Ideas - due in 14 months
    ☐ Identify areas for improvement ☐ Plan refinement ☐ Implement refinements
  • Review and Update Priority List - due in 15 months
    ☐ Review current list ☐ Update based on new ideas and changes ☐ Discuss with team
  • Implement Medium Priority Ideas - due in 7 months
    ☐ Plan implementation ☐ Coordinate with other departments ☐ Monitor implementation
  • Evaluate Impact of Medium Priority Ideas - due in 8 months
    ☐ Collect data ☐ Analyze data ☐ Report findings
  • Refine Medium Priority Ideas - due in 9 months
    ☐ Identify areas for improvement ☐ Plan refinement ☐ Implement refinements
  • Develop Low Priority Ideas - due in 10 months
    ☐ Plan development ☐ Assign tasks to team ☐ Track progress
  • Test Low Priority Ideas - due in 11 months
    ☐ Develop test plan ☐ Execute tests ☐ Analyze results
  • Implement Low Priority Ideas - due in 12 months
    ☐ Plan implementation ☐ Coordinate with other departments ☐ Monitor implementation