Project Selection Under Uncertainty

PMI

8 PDUs

ALL R&D MANAGERS FACE A COMMON PROBLEM: They have more potential projects to be carried out than they have resources to carry them out. Choosing the right projects can mean the difference between remaining competitive and falling behind. Interest in R&D project selection methods has become literally a matter of survival for companies and governments. This course is intended to summarize the current best practices about methods used for R&D project selection. The methods discussed are presented in forms that are directly usable in practice. The data requirements and the special features of each method are also discussed, which later inform key areas of the needs of any member of the portfolio management community such as portfolio managers, project originators and business analysts.

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Course Content

Who Should Attend

Portfolio Managers who are required to allocate limited resources across an available set of projects. Members of the Portfolio Review Board who dictate the framework, rules, and procedures for making portfolio decisions. Sponsors who champion the funding and approval of portfolio components. Program Managers who must help ensure that they have the right components in their programs. Project Managers who must understand the basis for their project’s selection. Anyone from the Project Management or Business Analysis community who is interested in gaining and applying a wide range of techniques to R&D project selection problem

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