An Expected Value in a Ranking's Clothes
Multiplying probability by impact is an expected-value calculation used as a ranking rule. It is correct only for an enterprise indifferent to variance.
Professional knowledge and strategic perspectives across strategy, projects, operations, engineering, transformation and business performance.
6 articles found
Multiplying probability by impact is an expected-value calculation used as a ranking rule. It is correct only for an enterprise indifferent to variance.
A priority label is not a statement of importance. It declares which variable the organisation has agreed to let move — and \"critical\" means resources are it.
Why approving individually attractive projects can destroy portfolio value when capacity, dependencies, opportunity cost and strategic focus are ignored.
A practical portfolio rebalancing method for deciding which initiatives to stop, defer, redesign or accelerate as evidence and strategy change.
A portfolio function that chooses between investments and one that oversees work already committed are different institutions. Most organisations have built the second.
Why executive effectiveness depends less on controlling activity and more on governing attention, priorities and decisions under relentless pressure.