Term
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Definition
| A tool that checks off (rates) performance on criteria. |
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Term
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Definition
| A tool that provides a systematic process for selecting projects based on many criteria, weighted based on importance to the business. |
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Term
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Definition
| A graphical representation indicating the expected risk versus return on a project. |
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Term
| Payback Period (Financial Analysis) |
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Definition
| The amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project |
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Term
| Net Present Value (Financial Analysis) |
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Definition
| A method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time. |
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Term
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Definition
• Project portfolios should be managed to match the organization’s objectives.
• Factors to consider:
– Risk
– Return
– Strategic Alignment |
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