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Symposium
Project Selection
(What Projects Shall We
Do)solutions
Delivering structured project
Objectives
▼ The Project Priority Process
PMO Project X
Line Authority
Information,
Coordination &
Support
Project Review Committee -
What It Is
▼ Usually composed of senior managers of
departments having projects and resources and
positioned as a high level committee
▼ Usually chaired by a senior executive
▼ Roles
❖ Reviews new projects against corporate
plans and makes recommendations including:
▲ Funding
▲ Priorities
▲ Timing
❖ Reviews on-going projects
❖ Provides organizational view
Project
Planning
Environme
? nt
Project Project
Selection Yes
Selection Planning
Decision
Process Process
No Changes
Or Defer
Work
Environme
nt
Updates
Project
Corporate Control Reports
Memory Process
Project Selection Process
Corporate Planning & Marketing Environment
Project
Identificatio
n
Project ?
Definition
Y
Project
Feasibility/
Proposal
N
Preparation
▼ Most projects should be identified
during the corporate planning process
Project Selection
Considerations
▼ Support of corporate objectives
▼ Funding availability
▼ Resources availability
corporate priorities
❖ Mission critical
❖ Operational requirement
❖ Public safety
Plan for
Feasibility
Study
Feasibility
Study Plan
Approved
PRC
Project Feasibility Process
Technical Market
Research Research Global
Analyze Sizing
Business Client
Research Research
Economic
T
Research
PRC
Project
Approved
Feasibility
Study Report
Project Should Support
Corporate Objectives
OBJECTIVE
STRATEGY STRATEGY
STRATEGIC DEPARTMENTAL
PROJECT OBJECTIVES
ON-GOING DIVISION
WORK PROJECT
Blending the Corporate
Planning and Project Planning
Processes
DEPARTMENT
DIVISION DIVISION
PROJECT REVIEW
COMMITTEE
UNIT UNIT
The Underlying Priority Setting
Problem Priority Cubed
E
M
TI
PROJECTS
CRITICAL
RESOURCES
Conclusions
▼ Organizations should have a formal Project
Initiation Process
▼ Consider how you are organized for the
planning
▼ Project priority setting should be an