iNitiation IT rojsek management Proiect initiation a The first step in initiating projects is to look at the big picture or strategic plan of an organization ■ Project selection ■ Project Charters Project Scope Management
Project Scope Management 11 Project Initiation ◼ The first step in initiating projects is to look at the big picture or strategic plan of an organization ◼ Project Selection ◼ Project Charters IT Project Management
iNitiation IT Project management Methods for Selecting Projects There are usually more projects than available time and resources to implement them a It is important to follow a logical process for selecting IT projects to work on Methods include focusing on broad needs categorizing projects, financial methods, and weighted scoring models Project Scope Management 12
Project Scope Management 12 Methods for Selecting Projects ◼ There are usually more projects than available time and resources to implement them ◼ It is important to follow a logical process for selecting IT projects to work on ◼ Methods include focusing on broad needs, categorizing projects, financial methods, and weighted scoring models IT Project Management
iNitiation IT rojsek management Financial analysis of projects a financial considerations are often an mportant consideration in selecting projects We cant achieve anything in business without profits… Fujio Mitarai Ceo canon Project Scope Management 13
Project Scope Management 13 Financial Analysis of Projects ◼ Financial considerations are often an important consideration in selecting projects IT Project Management We can’t achieve anything in business without profits… Fujio Mitarai CEO Canon
iNitiation IT Project management Financial analysis of projects Three primary methods for determining the projected financial value of projects a Net present value(NPV净现值) analysis Return on investment(RO投资收益率 a Payback analysis(投资回收率) Project Scope Management
Project Scope Management 14 Financial Analysis of Projects ◼ Three primary methods for determining the projected financial value of projects: ◼ Net present value (NPV净现值) analysis ◼ Return on investment (ROI投资收益率) ◼ Payback analysis （投资回收率） IT Project Management
iNitiation IT rojsek management NPV Analysis(净现值) a Net Present Value(NPv analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time Projects with a positive NPv should be considered if nancial value is a key criterion The higher the NPv, the better Project Scope Management 15
Project Scope Management 15 NPV Analysis （净现值） ◼ Net Present Value (NPV) analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time ◼ Projects with a positive NPV should be considered if financial value is a key criterion ◼ The higher the NPV, the better IT Project Management