Project Selection and Initiation

Project Selection and Initiation

Daniel M. Brandon (Christian Brothers University, USA)
Copyright: © 2006 |Pages: 19
DOI: 10.4018/978-1-59140-693-8.ch003


Careful selection of which projects to initiate is vital to the success of an organization. Project initiation represents a future commitment of both human and financial resources as well as of management attention. If a choice is careless or inappropriate, then the consequences may be severe and long lasting. In this chapter, methods for the proper selection and initiation of projects are discussed with regard to overall organizational goals and business justification.

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