Project Management Prioritization is the process of determining the order in which projects should be completed, based on their relative importance to the organization. This is typically done by assigning each project a priority rating. This rating is often based on factors such as the project’s urgency, the resources required, the potential benefits and the overall impact on the company’s bottom line. The primary goal of project management prioritization is to help organizations focus their efforts on the projects that are most beneficial to the organization. This can help to ensure that resources are allocated efficiently and effectively. It can also help to improve time-management, as well as the success rate of projects. In order to effectively prioritize projects, organizations should consider multiple factors including the project’s purpose, the timeline, and the cost associated with the project. Additionally, organizations should consider the potential risks and rewards associated with each project.