Podcast
Questions and Answers
Technical difficulty or uncertainty: The success of many projects relies on the actual capability of solving various technical ______, understanding the level of risk associated with such ______, and possible corrective or alternative courses of action are important in determining the values and risks of a project.
Technical difficulty or uncertainty: The success of many projects relies on the actual capability of solving various technical ______, understanding the level of risk associated with such ______, and possible corrective or alternative courses of action are important in determining the values and risks of a project.
challenges
Project environment & constraints. 3.1.3 Techniques to Assess Value and Risk (Financial Methods): 1) Payback: Which measures how long it will take to return a project’s ______. When using the payback method, an estimation of the project expenses and incomes determines the profits and losses at the end of each project year. The payback is the year at which the project covers all expenses and starts earning. One of the issues with payback is that it does not consider total profit, it does not measure the efficiency with which the money invested in the project is paid back.
Project environment & constraints. 3.1.3 Techniques to Assess Value and Risk (Financial Methods): 1) Payback: Which measures how long it will take to return a project’s ______. When using the payback method, an estimation of the project expenses and incomes determines the profits and losses at the end of each project year. The payback is the year at which the project covers all expenses and starts earning. One of the issues with payback is that it does not consider total profit, it does not measure the efficiency with which the money invested in the project is paid back.
investment
Return of Investment (ROI): Which measures how much we get back for each ______ invested.
Return of Investment (ROI): Which measures how much we get back for each ______ invested.
dollar
Net Present Value and Internal Rate of Return (NPV): If a reliable estimation of the ______ rate can be provided, the value of future expenses and incomes for a project can be recomputed in terms of their actual value. where i is the ______ rate, amount is the net profit at year t, and value is the current value of amount.
Net Present Value and Internal Rate of Return (NPV): If a reliable estimation of the ______ rate can be provided, the value of future expenses and incomes for a project can be recomputed in terms of their actual value. where i is the ______ rate, amount is the net profit at year t, and value is the current value of amount.
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Score Matrices: is a list of project ______, each of which is assigned a weight, which measures the importance the ______ have for us or for the organization we work for.
Score Matrices: is a list of project ______, each of which is assigned a weight, which measures the importance the ______ have for us or for the organization we work for.
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SWOT ______.
SWOT ______.
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Stakeholders ______.
Stakeholders ______.
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Assessing Sustainability: What additional ______ a project should include to ensure that its results will live after the project ends.
Assessing Sustainability: What additional ______ a project should include to ensure that its results will live after the project ends.
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Payback & ROI do not take into account the effects of ______, namely, the fact that an amount of money in the future has a lower value than the same amount available now.
Payback & ROI do not take into account the effects of ______, namely, the fact that an amount of money in the future has a lower value than the same amount available now.
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Internal ______ of return (IRR), which determines the inflation ______ which zeroes profits.
Internal ______ of return (IRR), which determines the inflation ______ which zeroes profits.
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The first step of a sound management process is to understand whether the new products, services, or capabilities are worth our effort: The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) Resource Availability. 2) ______.
The first step of a sound management process is to understand whether the new products, services, or capabilities are worth our effort: The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) Resource Availability. 2) ______.
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The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) ______. 2) Timing.
The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) ______. 2) Timing.
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The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) ______. 2) Resource Availability.
The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) ______. 2) Resource Availability.
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The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) ______: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) Resource Availability. 2) Timing.
The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) ______: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) Resource Availability. 2) Timing.
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The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) ______: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) Resource Availability. 2) Timing.
The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) ______: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) Resource Availability. 2) Timing.
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The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) ______: Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) Resource Availability. 2) Timing.
The relevance of a project depends, in general, upon two main factors: 1) The value generated by the project. 2) The risks associated with the project. We look at factors and techniques to assess the value of a project. These can be used with different purposes: 1) To decide whether a project is worth pursuing. 2) To select which projectto start out of a portfolio of possible proposals. 3) To choose the best project plan,given a project with different plans. 3.1.1 Project Value: Aspects to Consider 1) Direct & indirect value: Considerations relative to the social and environmental impact, image and publicity, entering a new market, and know-how acquired are some of the considerations that could add or subtract value from a project. 2) Sustainability: Taking into account the operational costs of a project's outputs. 3) ______: Alignment with the strategic objectives of the organization. 3.1.2 Project Risks: Aspects to Consider 1) Resource Availability. 2) Timing.
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