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- Category: Business
- Category: Project Management
- Project Management Capability Assessment-Value Matrix
Project Management Capability Assessment-Value Matrix
The Project Management Capability Assessment-Value Matrix is a tool used to assess the capability of a project team and the value of the project to the organization. It is a 2x2 matrix that categorizes projects into four quadrants based on their capability and value.
At a very high level, the Project Management Capability Assessment-Value Matrix is used in the context of business, project management.
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- Program Management Maturity Matrix
- Project Benefit Matrix
- Project Charter Matrix
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- Project Management Capability-Value Proposition Alignment Matrix
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What is the Project Management Capability Assessment-Value Matrix?
A visual explanation is shown in the image above. The Project Management Capability Assessment-Value Matrix can be described as a matrix with the following quadrants:
- High Capability/High Value: Projects that have a high capability and a high value to the organization, such as those that are critical to the success of the organization or that have a high potential for return on investment.
- High Capability/Low Value: Projects that have a high capability but a low value to the organization, such as those that are not critical to the success of the organization or that have a low potential for return on investment.
- Low Capability/High Value: Projects that have a low capability but a high value to the organization, such as those that are critical to the success of the organization but that have a low capability to execute them.
- Low Capability/Low Value: Projects that have a low capability and a low value to the organization, such as those that are not critical to the success of the organization and that have a low potential for return on investment.
What is the purpose of the Project Management Capability Assessment-Value Matrix?
The Project Management Capability Assessment-Value Matrix is a tool used to assess the capability of a project team and the value of the project to the organization. It is a 2x2 matrix that categorizes projects into four quadrants based on their capability and value. The four quadrants are: High Capability/High Value, High Capability/Low Value, Low Capability/High Value, and Low Capability/Low Value.
The High Capability/High Value quadrant represents projects that have a high capability and a high value to the organization. These projects should be given priority and should be managed closely. Examples of projects in this quadrant are those that are critical to the success of the organization or that have a high potential for return on investment.
The High Capability/Low Value quadrant represents projects that have a high capability but a low value to the organization. These projects should be given less priority and should be managed more loosely. Examples of projects in this quadrant are those that are not critical to the success of the organization or that have a low potential for return on investment.
The Low Capability/High Value quadrant represents projects that have a low capability but a high value to the organization. These projects should be given more priority and should be managed more closely. Examples of projects in this quadrant are those that are critical to the success of the organization but that have a low capability to execute them.
The Low Capability/Low Value quadrant represents projects that have a low capability and a low value to the organization. These projects should be given the least priority and should be managed the least. Examples of projects in this quadrant are those that are not critical to the success of the organization and that have a low potential for return on investment.
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What templates are related to Project Management Capability Assessment-Value Matrix?
The following templates can also be categorized as business, project management and are therefore related to Project Management Capability Assessment-Value Matrix: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, PICK Matrix, Quadrant Analysis, Risk Analysis Matrix. You can browse them using the menu above.
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