Building the Pool of Potential Projects
This chapter focuses on the project portfolio management (PPM) actions necessary to solicit project ideas to build a pool of potential projects for further consideration during the screening process. As mentioned previously, potential projects are defined as those project proposals that pass the feasibility test; that is, ideas for projects that have merit when compared against broadly defined pre-screening criteria. The assumption during pre-screening is that a significantly large number, possibly hundreds, of new project proposals require pre-screening to determine the likelihood of contributing to the objectives in the strategic plan. Buried among the ...