This chapter covers project selection and priontizalion This includes both internal projects. which should be selected in a manner consistent with the strategic planning of the organization. and external protects It also explains how to respond to requests for proposals (PPP)
After completing this chapter. each student should be able to perform the following
Core Objectives
1. Explain in your own words the strategic planning and portfolio management processes 2. Describe how to select. energize. and resource projects as an outgrowth of strategic planning 3. From a contractor’s viewpoint. describe how to secure projects.
Technical Objectives
I Compare the strengths and weaknesses of using financial and suiting models to select projects 2. Given organizational priorities and several projects. demonstrate how to select and energize protects using a scoring model
Behavioral Objectives
I Explain the strengths an organization might possess that could improve its ability to perform projects