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Project Selection Criteria

The document outlines the steps in project selection criteria: 1) Developing criteria to evaluate opportunities, including quantitative and qualitative factors like alignment with departmental goals. 2) Gathering data and information on each opportunity through surveys, interviews, and reports. 3) Listing assumptions that will be used to evaluate each opportunity. 4) Evaluating each opportunity against the established criteria.

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Parker DKD
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344 views

Project Selection Criteria

The document outlines the steps in project selection criteria: 1) Developing criteria to evaluate opportunities, including quantitative and qualitative factors like alignment with departmental goals. 2) Gathering data and information on each opportunity through surveys, interviews, and reports. 3) Listing assumptions that will be used to evaluate each opportunity. 4) Evaluating each opportunity against the established criteria.

Uploaded by

Parker DKD
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Project Selection Criteria The steps in project selection criteria include developing a set of criteria against which the

opportunity will be evaluated; gathering data and information about each opportunity; listing assumptions about each opportunity; and evaluating each opportunity against the criteria. Sometimes the opportunities and needs may not all be similar, they could be very different and all compete for a companys resources. 1.) evelop set criteria against which the opportunity will be evaluated. These criteria will probably include both !uantitative and !ualitative factors. "or #lliance ata, each opportunity might be evaluated against the following criteria$ 1.1) 1.%) 1.() #lignment with departmental goal &stablishment of new mar'ets )uman resources impact

%.) *ather data and information for each opportunity to help ensure an intelligent decision regarding project selection. +n addition to gathering data, it may also be necessary to obtain other information regarding each opportunity; this could include getting information from various sta'eholders who would be affected by the opportunity. ,ethods of gathering this information could include surveys, focus groups, interviews, or analysis of available reports. (.) -ist assumptions that will be used as the basis for each opportunity. ..) &valuate each opportunity against the criteria. /nce all the data and information has been collected, analy0ed and summari0ed for each opportunity, it should be given to all individuals who are responsible for performing the evaluation 1*ido 2 3lements, %445).

The ne6t step after the decision has been made regarding which opportunity or opportunities to pursue is to prepare a re!uest for proposal if it is e6pected that a contractor or consultant will be hired to perform the project 1*ido 2 3lements, %445).

Reference *ido, 7ac', 7ames 8. 3lements. Successful 8roject ,anagement, 9th &dition.

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