Posts tagged as "project selection methodology"

Changing the looking glass affects how we experience reality and the same holds true while managing projects–project reality continues to be stubbornly affected by blurry assumptions and misaligned goals. Even in the age of program management, selecting the right portfolio of projects continues to be an individual driven process—a process which is largely based on “gut feeling”.

Many organizations today are implementing a strategy formation process with a clear focus on defining metrics for success. But the challenge lies in translating this into selection of investments and choice of projects to achieve the goals. Project and especially Program managers make an important contribution to this process. Given their delivery and execution background, these professionals rely on their problem solving capabilities to meet these challenges. They use the problem solving approach in the context of defining objectives for building effective metrics to demonstrate success.