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  • Am I making the right investment decisions?
1 October, 2019

Am I making the right investment decisions?

Am I making the right investment decisions?

by ricardo.santos@winning.pt / Wednesday, 28 June 2017 / Published in Blog

Why do projects fail over and over again?

An initiative analysis must depend on the process used and not on the person leading it. Numbers cannot be “massaged” during the project economic evaluation process. A reliable business case must be accurate, impartial and rational which requires the usage of proper business research methods to assure more predictability hence lower projects return deviations, either for benefits and costs.

Make a Project Request

If you want to start something, you must formulate your main objectives!

So for every project in your organization make sure that all proposed projects follow the same initiative formulation process. By having a formal and standardized process initiatives will be simpler to understand and will be comparable among them.

 

Guarantee that your initiative is aligned with the organizations’ strategy

Why should you move on with a project with no alignment to the organization’s vision and strategy? Perform only those projects that are strategic aligned to your organization goals, keep the path! If an initiative doesn’t contribute to the organization strategy, then the project doesn’t have the minimum conditions to move forward, meaning…

 

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