1. Which of the current projects in the portfolio do you think are good projects? (You may wish to derive other criteria in addition to the ones we developed in
1. Which of the current projects in the portfolio do you think are good projects? (You may wish to derive other criteria in addition to the ones we developed in
class.)
Todo: find evaluation summary in future act, think about additional criteria, (compare Liam’s additional document)
2. How would you assess the portfolio in terms of its ability to deliver the government’s strategy with an appropriate level (and mix) of risk and reward?
a. What do you think the (explicit or implicit) strategy is underlying the portfolio? That is, what problem is it designed to solve?
Todo: brainstorm strategy definition
• Create jobs
• Reduce problems that unemployment creates
• Spend money wisely
• …
b. Where would you place the projects on the McGrath and MacMillan matrix (or the appropriate equivalent that gives you useful insights)? What do you think
about what you see?
Todo: Matrix!
Market and organisational (external) uncertainty
Low Medium High
Technical and execution (internal) uncertainty High Positioning Options Positioning Options Stepping Stones
Medium New Platforms New Platforms Scouting Options
Low Core Enhancements New Platforms Scouting Options
c. What are the implications of the core enhancements, new platforms, or options projects being wildly successful?
REPHRASED: What happens if one/some of the projects are really really successful? How does it impact the other projects?
3. Now consider risk, reward, and performance
Todo: analyze the matrix in 2b
a. How are they distributed on the matrix?
Describe the distribution of the projects within the matrix, what does this mean? Are they all incremental or are they all transformative?
b. How do you see the overall mix of risk and reward in the portfolio?
Does the portfolio have a lot of risk compared with reward, a lot of reward based on its risk, a good balance, or something else?
c. Is the portfolio, as a whole, likely to deliver on the government’s objectives?
Identify the government's objectives (or make them up, maximise jobs for dollars invested?) and how does the project mix help deliver on that.
Compare strategy from question 2a!
4. What sort of future does this portfolio create (in terms of capabilities, platforms etc.)?
Todo: continue thoughts of 2c, more detailed, general prediction
(Todo:do we have frameworks etc. for scenario planning, predictions?)
Todo: create framework/structure/… for answering this question
5. How is your evaluation affected by alternative scenarios?
a. What are the implicit assumptions about global variables (e.g. the health of the economy)?
Todo: continue brainstorming, compare external forces of Porter’s five forces, swat, etc
• Global economy
• Australian job market
• Legal changes to job market
• New job sectors/ Shift of business/type of jobs (e.g. resources-> technology)
• Technology facilitated globalization (jobs aren’t geographically bound)
• Competitors for job creation programs