q pmt 04 project selection

8/9/2019 q Pmt 04 Project Selection

1/16

Prepared by: PDK First Prepared on: 01-02-2010 Last Modified on: 30-07-2010Quality cec!ed by:

"opyri#t 2010 $sia Pacific %"&'

Project Selection

M.Sc. in Computing, Engineering and Technology

Quality and Project Management for Technology

CE0078!M

http://www.apiit.edu.my/


2/16


Project Selection"

Slide # of $%

Topic & Structure of the le""on

&e Pro(ect )election



3/16


Project Selection"

Slide of $%

'earning (utcome"

$t te end of tis *odule+ ,% sould be able to:

. /plain te process inoled in Pro(ect )elections

. /plain te considerations inoled in Pro(ect )elections



4/16


Project Selection"

Slide ) of $%

*ey Term" you mu"t +e a+le to u"e

f you ha-e ma"tered thi" topic, you "hould +e a+le to u"e the folloing

term" correctly in your a""ignment" and e/am"

. *ey Term $ 1 Project Selection

. *ey Term # ! Co"t 2enefit 3naly"i"



5/16


Project Selection"

Slide 4 of $%

Main Teaching Point"

. Project Selection



6/16


Project Selection"

Slide % of $%

Selection Method"

. Pro(ect *ay be open to internal and eternal

tender

. selection is *ade fro* a nu*ber of tendered

solutions

. $ pro(ect *ay ae to co*pete it oter

internal pro(ects

. funds *ay be li*ited

. selection of one pro(ect *ay eclude anoter



7/16


Project Selection"

Slide 7 of $%

Project Selection

. )ta#e in te pro(ect life cycle

. ere does selection occur

. "riteria

. at assess*ent do e need to *a!e

. 4uestions to as!

. 'nole*ent

. ic parts of te or#anisation ae a say

. Politics

. ill politics influence te decision

. Quantitatie *etods

. at ob(ectie *etods e can use



8/16


Project Selection"

Slide 8 of $%

Stage" ! ho they affect "election

. 'nception

. docu*ents a particular proposal

. decides eter ort pursuin#

. Definition. define at+ o and o *uc cost

. refined inception

. /ecution. actual or! and control

. Post-'*ple*entation

. learn fro* eperience



9/16


10/16Quality and Project Management for Technology

Project Selection"

Slide $0 of $%

. 9e can loo! at tese a different ay

. $ailability of softarepac!a#es

. $ailability of s!ills

. /istin# syste*sco*pany eniron*ent

. Maintenance of syste*s

. Mana#e*ent of te aboe

. "osts6enefits

Criteria 1 6actor" 3ffecting Selection




Project Selection"

Slide $$ of $%

Co"t 2enefit 3naly"i"

. ;elps *a!e a selection fro* te possibilities

aailable

. May result in a cancelled pro(ect

. b(ecties

. Proides an ob(ectie ie of costsbenefits

financially 4uantifiable

. Proides an sub(ectie ie of oter benefitsnot financially 4uantifiable

. 9y financially




Project Selection"

Slide $# of $%

. "osts of carryin# trou# te pro(ect

. Deelop*ental costs

. /*ploy*ent costs of te staff inoled in te pro(ect

. $ll oter associated costs. )et up costs

. "osts of puttin# te syste* into place

. ;ardare+ file conersion+ recruit*ent

. perational costs

. "osts of syste* once it is in place

. Maintenance+ operators+ etc

dentifying Co"t" and 2enefit"




Project Selection"

Slide $ of $%

. 6enefits of carryin# trou# te pro(ect

. Direct 6enefits

. $ccrue directly fro* te result of te pro(ect

. For ea*ple salaries: donsi



Project Selection"

Slide $) of $%

Method" 3-aila+le

. Paybac! period

. ;o lon# ill it ta!e to coer te costs

. ?eturn on inest*ent

. 9at returns can e epect for te inest*ent

. @et Present Aalue Discounted "as Flo8

. 9at are te future returns ort at today5s alues

. 'nternal ?ate of ?eturn

. ;elps co*parison across *any pro(ects




Project Selection"

Slide $4 of $%

Q B $

Que"tion and 3n"er Se""ion



16/16

Project Selection"

e/t Se""ion Project Methodology

TerminateTerminate

Determine

Feasibility

Per Phase

SDLC

Specifies

Until All TasksAre Complete

Plan

Report

Review

Plan Next

PhaseEstimate

Initiate

Execte Tas!s

Chec! "ality

Collect Reslts

#ssess Pro$ress

Sche%le&btain

Resorces

Estimate

q pmt 04 project selection

Documents