How to Derive a Strategic Value Score for Projects

124. How To use Task Updates and Timesheet Submittal and Approval
125. How to Derive a Strategic Value Score for Projects
126. How to Create a Project Proposal

124. Task Updates and Timesheet Submittal and Approval
Team members update project work in the Tasks, My Work section of Microsoft Office Project Web Access. After they submit their task updates, the project manager approves or rejects their time on tasks in the Approvals, Task Updates section of Project Web Access.
At the end of each timesheet period, team members use Import Task Progress to show progress on their timesheets along with any other administrative time spent during the period. Resource managers can review, approve, and reconcile timesheets against reported project work, non-project work, and non-working time.
Use the following steps to review and approve timesheets:
1. In Project Web Access, click the Action pane.
2. In the Approvals section, click Timesheet.
3. In Review My Timesheet Summary, click My Timesheet.
4. Click the Review Timesheet Detail page.
5. Click Approve to complete the approval process.
6. In the Approvals section, click Admin Time.
7. Click the Review Admin Time Detail page.
8. Click Approve to complete the approval process.

125. Derive a Strategic Value Score for Projects
You can use the intuitive Prioritization Wizard in Portfolio Optimizer to derive a strategic value score for projects. Here’s how:
1. In the Builder Scorecard, select an organization, and then in the main navigation bar, click Optimizer.
2. Click the Analyze link to open the Open Dialog page in the Prioritization Wizard.
3. Select a completed pair-wise comparison matrix and impact matrix, and then start the Prioritization Wizard.
4. Click the button to automatically derive the business driver priorities.
5. Click the button to open the project to business driver impact matrix.
6. Click the button to automatically derive a strategic value score for each project.

126. Create a Project Proposal
By using proposals, you can define high-level project plans to provide key project information, milestones, and resource demands.
1. In Microsoft Office Project Web Access, click Proposals and Activity Plans in the left Action pane.
2. On the New menu, click Proposal.
3. In the New and Import section, click New.
4. Enter the name of the project, description, start date, finish date, and plan owner. You can also add details with tasks or resources with a resource plan or build team.
5. Click Publish. You have now created a complete Project proposal, pending approval.