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Question 69 - Certified Strategy Designer discussion

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The strategy designers at Cloud Kicks are leading a large number of projects initiated by various stakeholders. They implement an Impact & Effort matrix to help them prioritize their work.

What is the purpose of an Impact & Effort matrix?

A.
To compare products based on predefined criteria to enable stakeholder discussion
Answers
A.
To compare products based on predefined criteria to enable stakeholder discussion
B.
To prioritize projects based on key goals outlined in project framing
Answers
B.
To prioritize projects based on key goals outlined in project framing
C.
To classify projects according to their level of urgency.
Answers
C.
To classify projects according to their level of urgency.
Suggested answer: B

Explanation:

The purpose of an Impact & Effort matrix is to prioritize projects based on key goals outlined in project framing. An Impact & Effort matrix is a tool to evaluate and compare projects based on two criteria: the impact they have on achieving the desired outcomes, and the effort they require to implement. Projects that have high impact and low effort are usually prioritized, while projects that have low impact and high effort are usually deprioritized. An Impact & Effort matrix does not compare products based on predefined criteria or classify projects according to their level of urgency.

asked 23/09/2024
TONG CHEE LOONG
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