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

1. An investigation of aligning project management to business strategy: a review and conceptual framework

2. Chartered Institute of Management Accountants, 2015, The Digital Finance Imperative. Measure and Manage What Matters Next, www.cgma.org, access: 29.07.2016, p. 6.

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

Download the AHP template & application guideline

Submit a Comment

Your email address will not be published. Required fields are marked *

Where shall I send you news about the course?

Succeed!