A guideline for an ordered process for proposal, reviewing, selecting, and launching new project ideas that support business objectives.
What this isA guideline for an ordered process for proposal, reviewing, selecting, and launching new project ideas that support business objectives.
Why it's useful
Getting and maintaining a handle on the projects an organization has underway is very important to running a successful development organization and a successful company. Explicit project selection and "starts control" is the best way to prevent staff overload and project overrun. The time of selection and launch is a high leverage opportunity for executive management to match resources to commitments for projects to establish that the project's objectives will be consistent with the corporate strategic objectives and match return and risk/reward guidelines. Selecting appropriate projects and approving project starts is probably one of the most highly leveraged executive actions, so it should have high priority.
How to use it
Use this document to guide a process by which all new project ideas are officially proposed, reviewed by management, investigated, and ultimately and explicitly approved for further work, put on hold, or wiped from the project list altogether.
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