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Chapter 4. Project integration managemen... > Choose your project with project sel... - Pg. 82

select the right project Choose your project with project selection methods The Midwestern Teachers' Association contract wasn't the only one that Acme could have taken. They've got more work than they can handle right now, and occasionally they need to turn away a client. That's where project selection methods come in handy. If a project is too risky, won't make enough money, or isn't strategic, or isn't likely to succeed, then the senior managers at Acme could choose to pass on it. But to figure all that out, you need an objective way to compare projects: n methods Project selectio tools & are part of t r he Develop techniques fo er Project Chart are the most common models used to choose between projects. These models compare projects by figuring out how much each project benefits the company. These often involve simple calculations or scoring of different projects, based on factors like cost, risks, or Benefit measurement models ative This is also called the compar mparing co approach because it involv s es of two or the benefits and feature more projects.