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C. Agtarap
What is a project?
A projectis an allocation of capital and
human resources to achieve time-specific
objectives.
Before projects begin, the underlying
"concept" must be proposed, evaluated and
approved.
Project Selection
must be
fair and
objective
business project
value viability
Viability
the degree to which a given project will provide
the expected return on investment.
can be measured by three key variables
value
probability of
alignment sucess
Project Selection Methods
Which Method Should I Use?
Small and not Large and
very complex complex
Constrained
Benefits optimization
measurement method
model
Benefit Measurement Methods
Resources identified
Project process Budget appropriated
activated Priority & goals
aligned
References:
https://www.ittoolkit.com/articles/project-proposals, April 30 2019
https://smallbusiness.chron.com/strategic-management-project-selection-
15544.html May 1 2019
http://www.pacificinvasivesinitiative.org/rk/project/1_Project_Selection.html
May 1 2019
https://www.coursehero.com/file/p4knrc9t/3-What-are-the-stages-called-in-
the-four-stage-planning-process-for-project/ May 1 2019
https://www.tutorialspoint.com/management_concepts/project_selection_m
ethod.htm May 1 2019
https://pmstudycircle.com/2014/03/project-selection-methods/ May 1 2019
https://www.youtube.com/watch?v=dms07djR5bM, May 3, 2019
https://www.youtube.com/watch?v=NI8NkQDlj74, May 3, 2019
https://www.youtube.com/watch?v=Sw0CpNLCaks, May 3, 2019
Thank you!