Question

Individual project Analysis: project selection Selecting projects that align to strategic goals are of great benefit to any entity. Consider a project that you would have worked on and answer the following questions:

What methods were used to select the project?

How did the organization’s strategic goals relate to this project?

Answer 1

Project method plays an vital role in order to exhibit the creativity and innovative plans. Before just jumping in selection of the project proper assessment has to be done in order to promote a better out come. Thus the project has to be selected based on various methods such as:

* benefit measurement methods in this we can include and assess to monitor the objectives of organization such as cost benefit ratio, economic model, payback period, scoring models, opportunity score which give a frame work of how the project can be effective. This compare the specific models and results of those project candidates

* Constrained optimized methods : this consists of all the programming such as linear, multiple, dynamic and son on. These methods are used for larger or the complex projects we're number of mathematical integrated calculations are required.

The organisation aims at better production and complex projects thus the project meets the organizational goals.