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The initial version of the project evaluation criteria was developed for= a large multinational industrial corporation. The company needed a tool to= analyse the risk level of their projects and to estimate the potential lik= elihood of their success. The way of working was changing and it was not se= en as reasonable to measure certain parameters (e.g. schedule) until the de= velopment process was stable again. Additionally, the traditional project m= anagement metrics were not applicable to project proposals or early phase p= rojects.
By analysing the lessons learned from the previous projects, it was clea= r that projects had a wider environment involving external factors that can= not be influenced during the project. Also, projects depended on the organi= sational environment and they could not be understood without taking the or= ganisation=E2=80=99s history into account.
More information about the tool can be found in The Facilitator's Handbook.
Materials
User guide for the template
Excel template for project evaluation (created with Microsoft Excel 2010= , contains macros) NEW TEMPLATE