Summary

This presentation covers project initiation, management, and selection. It discusses the problems of multiple projects and project results. It includes information on challenges and maturity. The presentation also includes a discussion of different methods for project selection.

Full Transcript

Part I Project Initiation Copyright 2015 John Wiley & Sons, Inc. Project Management 2-2 Chapter 2 Strategic Management and Project Selection Copyright 2015 John Wiley & Sons, Inc. Problems With Multiple Projects  Delays in one project...

Part I Project Initiation Copyright 2015 John Wiley & Sons, Inc. Project Management 2-2 Chapter 2 Strategic Management and Project Selection Copyright 2015 John Wiley & Sons, Inc. Problems With Multiple Projects  Delays in one project delays others  Inefficient use of resources  Bottlenecks in resource availability 2-4 Project Results  30% canceled midstream  Over half of completed projects came in up to – 190% over budget – 220% late 

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