The Eisenhower Decision Matrix incorporated into portfolio, program and project management
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== Abstract == | == Abstract == | ||
| + | "I have two kinds of problems: the urgent and the important. The urgent are not important, and the important are never urgent." – Dwight D. Eisenhower. | ||
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| + | The modern working person strives to reach the absolute best version of oneself. By doing so, matters of self-management and the optimization of every decision are to be made. However, it is often a question of prioritizing and being selective with the extent of tasks to be done. Time is our most precious resource and allocating our time right is an art in itself. | ||
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| + | Project, program, and portfolio management have a wide variety of tasks within the scope of time management. A significant element of time management is the managerial competencies of allocating time wisely in a specific project in order to meet deadlines and conclude all work before a given project completion date. An efficient management tool in terms of time management is “The Eisenhower Decision Matrix” which is invented by the former American President, Dwight D. Eisenhower. A time management tool that on one hand completes the comprehensive essentials of time management, yet, on the other hand, incentively tries to achieve the process from task management by monitoring a project's tasks through its variety of stages from start to finish. | ||
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| + | Therefore, this article aims to concretize and examine the incorporation of the Eisenhower Decision Matrix to project, program, and portfolio management. The average worker is productive for 60% or less each day, which is surprisingly a lot. Yet, the Eisenhower Decision Matrix is a further developed tool from the archaic to-do list where tasks are prioritized and unuseful elements are eliminated to improve productivity and elevate the quality of decision-making. Furthermore, the article is going to reflect on how the matrix can på applied to project, program, and portfolio management, and what limitations it consists of. | ||
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| + | == What is the Eisenhower Decision Matrix? == | ||
| + | The Eisenhower Decision Matrix is as already recalled an effective tool to structure, prioritize and manage tasks and time to attain a fairly more efficient and productive workflow. Essentially, it is a system that encourages you to dispose of your activities into four priorities. | ||
| + | # Important and urgent tasks | ||
| + | # Important, but not urgent tasks | ||
| + | # Not important, yet urgent tasks | ||
| + | # Not important and not urgent tasks | ||
| + | By clarifying the four priorities, it is significant to be able to distinguish the fundamental differences between urgent and important. | ||
Revision as of 22:01, 20 February 2022
Content
Abstract
"I have two kinds of problems: the urgent and the important. The urgent are not important, and the important are never urgent." – Dwight D. Eisenhower.
The modern working person strives to reach the absolute best version of oneself. By doing so, matters of self-management and the optimization of every decision are to be made. However, it is often a question of prioritizing and being selective with the extent of tasks to be done. Time is our most precious resource and allocating our time right is an art in itself.
Project, program, and portfolio management have a wide variety of tasks within the scope of time management. A significant element of time management is the managerial competencies of allocating time wisely in a specific project in order to meet deadlines and conclude all work before a given project completion date. An efficient management tool in terms of time management is “The Eisenhower Decision Matrix” which is invented by the former American President, Dwight D. Eisenhower. A time management tool that on one hand completes the comprehensive essentials of time management, yet, on the other hand, incentively tries to achieve the process from task management by monitoring a project's tasks through its variety of stages from start to finish.
Therefore, this article aims to concretize and examine the incorporation of the Eisenhower Decision Matrix to project, program, and portfolio management. The average worker is productive for 60% or less each day, which is surprisingly a lot. Yet, the Eisenhower Decision Matrix is a further developed tool from the archaic to-do list where tasks are prioritized and unuseful elements are eliminated to improve productivity and elevate the quality of decision-making. Furthermore, the article is going to reflect on how the matrix can på applied to project, program, and portfolio management, and what limitations it consists of.
What is the Eisenhower Decision Matrix?
The Eisenhower Decision Matrix is as already recalled an effective tool to structure, prioritize and manage tasks and time to attain a fairly more efficient and productive workflow. Essentially, it is a system that encourages you to dispose of your activities into four priorities.
- Important and urgent tasks
- Important, but not urgent tasks
- Not important, yet urgent tasks
- Not important and not urgent tasks
By clarifying the four priorities, it is significant to be able to distinguish the fundamental differences between urgent and important.
