How do companies prioritize which project to select first


Discussion

Prior to completing this discussion, read the assigned page ranges in Chapters 2, 3, and 4 in your textbook.

It seems like every organization has more projects to complete than the amount of resources they have available to work on those projects. In this situation, how do companies prioritize which project to select first? There are a variety of thought processes and tools used to choose projects. Choose a tool that has not been discussed widely in the discussion thread, and explain how the tool is useful while adding to the class's body of knowledge.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Required Resource

Text: Schwalbe, K. (2017). An introduction to project management (6th ed.). Retrieved from https://redshelf.com
• Chapter 2: Project, Program, and Portfolio Selection (read pages 44-57)
• Chapter 3: Initiating Projects (read pages 84-94)
• Chapter 4: Planning Projects, Part 1 (Project Integration and Scope Management) (read pages 119-135)

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Project Management: How do companies prioritize which project to select first
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