Demands for projects usually exceed the resources available - not just money, but key skills or people.
How do you evaluate the possible projects and prioritize them, to ensure that the projects that go ahead are aligned to the overall business strategy?
You may have decided that balancing all the possible factors that need to be considered, and arriving at a prioritized list of projects, is just too complicated. Or maybe, having investigated a software solution, you've found that many of the tools available are difficult to use and costly to implement.
Evaluate every project using your own defined sets of criteria, to arrive at an overall score.
Produce simple sorted lists of projects in score order. Compare projects on bubble charts, using selected criteria. You have complete control over the evaluation criteria you define, the scores and weightings applied - even the "traffic light" colours used.