Every year, an organization puts together strategic goals and objectives that it intends to achieve. These...

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Every year, an organization puts together strategic goals and objectives that it intends to achieve. These strategic goals and objectives are then translated into projects and operations that the organization needs to complete. No matter the execution approach, the outcomes of the selected projects must always align with the organization's overall goals and objectives. This alignment is ongoing until the project is successfully completed. However, selecting the right projects to fit into your program or portfolio is not that easy. Usually, there are competing interests and many good projects to choose from with little money and resources to expend. Projects can be undertaken for various reasons, such as compliance with government regulations, social need, customer request, and market demand. the report should discuss the importance of project selection methodologies, how the right projects are selected, and why that is both important and difficult. The report should outline at least 2 qualitative and 2 quantitative methods. All methods should be discussed in-depth. In this report, you are also required to provide examples to demonstrate your understanding of the type and significance of the different project management selection methods. Part 1 • Should discuss the importance of project selection methodologies based on your article analyses and findings • Should contain at least 200-400 words Part 2: Discuss how the right projects are selected and why that is both important and difficult Discuss at least 2 qualitative and 2 quantitative project selection methods Provide examples to demonstrate your understanding of the type and significance of the different project management selection methods Should contain at least 200-400 words Every year, an organization puts together strategic goals and objectives that it intends to achieve. These strategic goals and objectives are then translated into projects and operations that the organization needs to complete. No matter the execution approach, the outcomes of the selected projects must always align with the organization's overall goals and objectives. This alignment is ongoing until the project is successfully completed. However, selecting the right projects to fit into your program or portfolio is not that easy. Usually, there are competing interests and many good projects to choose from with little money and resources to expend. Projects can be undertaken for various reasons, such as compliance with government regulations, social need, customer request, and market demand. the report should discuss the importance of project selection methodologies, how the right projects are selected, and why that is both important and difficult. The report should outline at least 2 qualitative and 2 quantitative methods. All methods should be discussed in-depth. In this report, you are also required to provide examples to demonstrate your understanding of the type and significance of the different project management selection methods. Part 1 • Should discuss the importance of project selection methodologies based on your article analyses and findings • Should contain at least 200-400 words Part 2: Discuss how the right projects are selected and why that is both important and difficult Discuss at least 2 qualitative and 2 quantitative project selection methods Provide examples to demonstrate your understanding of the type and significance of the different project management selection methods Should contain at least 200-400 words

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The importance of project selection methodologies Project selection methodologies are essential for the success of a project They help to ensure that the right projects are chosen and they help to ens... View the full answer