Next top projects
An organization cannot simply assume every project proposed will be implemented (though many do). This article discusses how organizations can identify the projects that will reap the greatest benefit in terms of fulfilling the strategic, operational and financial targets the firm has established. Specifically, the article examines strategy-driven, top-down project selection. In doing so, it breaks down each term. First, it explains that step one is for those at the executive level to develop a solid vision of strategic intent. It describes the move downward, from the top, which consists of identifying the tactics aimed at supporting the stated goals. Finally, the article explains project selection, noting that scoring models should be used to determine projects that will garner the greatest benefits.