Project Economics

Selecting and Prioritizing High-Value Projects

Almost all of us have worked on too many projects that have failed because of economic reasons rather than technical reasons. Just as the technical team is required to estimate the effort that will go into a project, a marketing or product management team should estimate the benefits of doing the project. Benefits can come in the form of additional sales, increased customer retention, increased operating efficiencies, and so on.

In this class, we will look at return on investment (ROI) as well as traditional discounted cash flow methods such as net present value (NPV), and discounted payback period. We will also look at newer approaches such as economic value added (EVA). The math is easy, the concepts are powerful. You will return home with practical knowledge about how to apply these straight-forward techniques to prioritizing and selecting projects.

Sdwest06_projecteconomics
2.7 MB
pdf
March 17, 2006
Software Development West
90 minutes
2006 prioritizing
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