Project Selection

Which projects do you choose for your portfolio? Learn some factors in this video to use when choosing which projects to prioritize and include in your portfolio. Key Criteria: Predetermined measures, values, or conditions used in a scoring model to measure alignment with strategic goals. (PMI - Standard For Portfolio Management).

In this week's episode, Ricardo makes an analogy between the book "The Burnout Society" by the Korean philosopher Byung-Chul Han and our current work. The book talks about how the pressure we put on ourselves to break the limits has produced a sick society. Ricardo's analogy centers on our choice process. Companies want to do everything without investing in anything.

The objective of this paper is to present a non conventional approach that is being currently implemented at the United Nations Office for Project Services, when selecting new projects globally, in order to include, as project selection criteria, social, environmental and economic sustainability aspects in humanitarian and development projects.

In this podcast, Ricardo lists the three main reasons why it is so difficult to establish criteria for selecting projects in a Portfolio Management. They are: the lack of clarity in the strategic objectives, the difficulty in measuring intangibles and the management of possible conflicts created by individual interests.

In this videocast Ricardo presents the most common criteria to select and classify projects.

In this videocast Ricardo talks about the differences between assumptions and constraints in project environment.

In the second installment of a two-part series, Ricardo talks about other criteria that should be considered while selecting projects. He explains that the weight of each criterion depends on the company's scenario, and that the selection of projects for the portfolio must be made using multiple criteria.

In this podcast Ricardo discuss the main criteria used in the project selection to the portfolio. In this part 1/2, he approaches the relevance of using also non-financial metrics as criteria, like strategic fit, urgency and risk.

In this presentation, Ricardo explains the ways of supplier selection, the key features and attributes that should be considered.

Ricardo Vargas presents this podcast directly from Luanda, Angola, during his works with the oil company Sonangol to make the criteria definition for project prioritization. He talks about globalization and the importance of effort prioritization. This podcast was recorded only in Brazilian Portuguese. The link below is for the Brazilian Portuguese version.