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Project Selection
Alignment
Success Probability
Value and Cost/Benefits
Availability of
Resources
Alignment
Efficiency
Customer Service
Compliance.
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Project Selection
Value and Cost/Benefit Analysis
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The options to consider.
The costs of the different options—both initial and ongoing. (For example, in addition to the initial investment in HR
technology, estimated training, maintenance, and future labor support should be considered).
What changes will occur by implementing the options? These may include both positive and negative changes that
result from each option.
Realistic estimates of the benefits* and effective measurements for these outcomes. This includes the intangible
benefits, which may need to be quantified if they are to be given the proper weight that corresponds to the value to the
organization.
Options
Cost of Options
Changes that May Result
Benefits
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Project Selection
Success Probability
Of the options from previous page, what is the likelihood of success?
 List options from previous page
 Probability may be designated in relative terms, and not as a statistical percent (e.g., “Good, fair, poor, etc.”).
 Identify what other factors may influence the success of options
 Based on the analysis of the options and the factors and probability, which options should be prioritized as projects?
Options
Probability of Success
Factors influencing success
Rank
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Project Selection
Availability of Resources
Staff
HR Staff
Line Staff
Subject Matter Experts
Executive
Budget
New Project/Process Improvement Funding
Existing Process Budget to Fund From
Other.
(Technology, Materials, other Resources)
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Project Selection
Summary and Conclusions
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