--%>
Assignment Help - homework help

Project Selection

What are the key criterion that comes in our mind when taking a project for organization?

E

Expert

Verified

Key criterion: does the project fit with organizational strategy and direction?

A) Many selection models and techniques

  • financial methods such as payback period; NPV; IRR; ROI, etc.
  • wider sets of criteria (e.g. balanced scorecard method, BSC)

 

B) Choice of selection technique differs according to organization size, level of risk aversion, management style, technology, market and competition, and so on.

C) Screening and ranking of project proposals:

  • use of screening matrices and priority analysis

D) Managing the project portfolio

   Related Questions in Biology

  • Q : Endosymbiotic hypothesis-origin of

    What is endosymbiotic hypothesis concerning the origin of the mitochondria? And also write down the molecular facts which support the hypothesis. To which other cellular organelles can the hypothesis as well be applied?

    		•
  • Q : Describe Sales Training Sales Training

    Sales Training: It is a very significant component of hiring a new employee. This can take up to ninety days for a new worker to become acclimated to selling your service or product; thus, having effective training implemented near the beginning will

    		•
  • Q : How to make planning effective How to

    How to make planning effective While it is true that the planning suffers from several limitations, an organization cannot do without planning. The following steps s

    		•
  • Q : Define Host-Based System Define

    Define Host-Based System: (A) It is a system controlled by a central or main computer. The host-based system usually refers to a hierarchical communications system controlled by the central computer.

  • Q : Fish and amphibian epidermis How the

    How the fish epidermis is different from the amphibian epidermis?

    		•
  • Q : Define Concurrent Engineering

    Concurrent Engineering: This is a method utilized in product development. It is distinct than the traditional product development approach in that it uses simultaneous, instead of sequential processes. By finishing tasks in parallel, product developme

    		•
  • Q : Complete a paper demonstrates effective

    In FIN 620 each student is required to complete a paper that demonstrates effective communication skills, research competence, and technology fluency. The paper should demonstrate the ability to clearly communicate ideas about financial management in a professional ma

    		•
  • Q : Tests detect how HIV disease works How

    How do antibody-based tests detect how HIV disease works?

    		•
  • Q : Process of Circulation What do you mean

    What do you mean by the process of “Circulation”?

    		•
  • Q : Monitoring employees performance

    Explore approaches applied by your chosen organisation in monitoring employee’s performance.

    		•