How to select the right project
for realization?
Author: Dr. Dawid Jasinski, PMP, PMI-ACP
Research has shown that the mismatch between projects and business strategy is the reason why 30% of projects fail. There are so many great ways to fail a project that it’s not worth wasting the chance to fall before you even start.
Autor
Dr. Dawid Jasinski
3. IRACIS tool
4. EFR= ((IR+AV)∗ P_CS−IC)∗ P_TS−DC
EFR – Expected Finantial Results
IR – Increased revenue
AV – Avoided costs
P_CS – probability of commercial success
IC – Industrialization cost
P_TS – probability of technical success
DC – Development cost
5. PPI= EFR/DC
PPI – Portfolio Productivity Index
6. PSI=((BSF×w_BSF+SL×w_SL+FR×w_FR+IS×w_IS+P_TS×w_PTS+P_cs×w_PCS )×(P_TS+P_cs ))/2
BSF – Business Strategy Fit
w_BSF – weight of BSF
SL – Strategy Leverage
w_SL – weight of SL
FR – Financial Results
w_FR – weight of FR
IS – Improve Service
w_IS – weight of IS
P_TS – Probability of Technical Success
w_P_TS – weight of P_TS
P_CS – Probability of Commercial Success
w_P_CS – weight of P_CS
Simple Tool to Make Dificult Decisions
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