Process Improvement
Project Selection
Clearly one of the most important events in a Performance Improvement
initiative is the selection of projects. Project selection impacts the
cycle time of action to benefit, the amount of benefit harvested, the impact
to the strategic imperatives of the organization and in new deployments,
the knowledge transfer to your resources. This session walks sponsors through
a project selection criteria process and builds a pool of quantifiable
projects for implementation by your practitioners.
Why Is Project Selection So Critical?
- Poor Project Selection leads to rework, lost time, lost ROI,
and disbanding of teams
- 60% of all Projects are rated as “Poorly” defined
- 63%
of all projects are not completed within a 7 month period from start
date
- 27% of all Projects are never completed
- 43% of all companies do not
have a formalized Project Selection Process
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