This series of papers has been developed from our work in upgrading TenStep's PortfolioStep™. For more information on TenStep's internal consulting methodology, please visit http://

Published here October, 2007.

PART 1 | PREPARE Phase, Steps 1 & 2 | PLAN Phase, Steps 3 & 4
PLAN Phase, Steps 5 & 6 | EXECUTE Phase, Steps 7 & 8
HARVEST Phase, Steps 9 & 10 | PART 3

PLAN Phase, Steps 3 & 4

Step 3 - Evaluate Options (Evaluation)

You cannot make decisions on prioritizing work without knowing what the organization feels is important. This is where you need to revisit the documentation from Step 1 - Portfolio Setup and ensure that you have a proper basis for evaluation of all the work opportunities included in the portfolio. This will result in establishing the context within which work priorities and approvals will be made.

This Step 3 includes validating the Value Propositions prepared in Step 2 - Identify Needs and Opportunities, and perhaps you will need to clarify the most likely candidates.

Step 4 - Select the Work (Selection)

In this step you or your portfolio group must make serious and potentially far-reaching decisions. Although it may sound simple, this effort must be meticulous and rigorous. For instance, if there is any question about a particular but likely Value Proposition, the Value Proposition may need firming up. In all but minor work efforts, a more detailed Business Case should be created for all projects that survive the initial selection.

Thus, during this step you should have had a complete review of all the Value Propositions and/or Business Cases on the table and end up with a selection of work that you actually expect to conduct during the ensuing period.

PREPARE Phase, Steps 1 & 2  PREPARE Phase, Steps 1 & 2

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