A project prioritization scorecard is a tool used to evaluate and rank different projects based on specific criteria. It allows an organization to prioritize which projects to undertake by identifying which projects align best with the organization's goals and objectives. The scorecard typically includes a set of criteria that are used to evaluate each project, such as strategic alignment, potential impact, feasibility, and resource requirements. The criteria are then assigned a weighting, so that the importance of each criterion can be taken into account. The scorecard allows organizations to make data-driven decisions on which projects to prioritize and allocate resources to.