CHAPTER 5

The Project Selection and Value Realization Process

An effective project selection process can set the tone for strategic alignment and value realization. Certain types of projects align with strategy more effectively than others. Some projects are not designed for cash value realization. It’s important to have a framework that will help define both project type and its alignment to strategy so that projects can be prioritized effectively and selected appropriately.

This book is about realizing cash value from your improvement projects. The first step in the process of value realization is selecting and prioritizing projects. Companies have limits—limited budgets, time, people, and limits to the amount of change they can absorb. As ...

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