Project Selection Criteria

2011 ◽  
pp. 207-212
Keyword(s):  
Selection Criteria ◽  
Project Selection

scholarly journals The Application of Fuzzy Analytic Hierarchy Process in Sustainable Project Selection

2020 ◽  
Vol 12 (20) ◽  
pp. 8314 ◽  
Author(s):  
Rakan Alyamani ◽  
Suzanna Long
Keyword(s):  
Information Transfer ◽  
Selection Criteria ◽  
Selection Process ◽  
Project Selection ◽  
Project Managers ◽  
Decision Makers ◽  
Relative Importance ◽  
Analytic Hierarchy ◽  
Hierarchy Process ◽  
Sustainable Projects

The project selection process is a crucial step in sustainable development. Effective sustainable development depends on the ability to select the appropriate sustainable project to implement to ensure that the desired goals are met. Some of the most common characteristics or criteria used in evaluating sustainable projects include novelty, uncertainty, skill and experience, technology information transfer, and project cost. Prioritizing these criteria based on relative importance helps project managers and decision makers identify elements that require additional attention, better allocate resources, as well as improve the selection process when evaluating different sustainable project alternatives. The aim of this research is to use the fuzzy analytic hierarchy process (FAHP) methodology in which fuzzy numbers are utilized to realistically represent human judgment to rank the different project criteria based on relative importance and impact on sustainable projects. The results from the FAHP show that the most important criterion to consider in sustainable project selection is project cost, followed by novelty and uncertainty as the second and third most important criteria, respectively. The two least important criteria out of the total of five examined in this research were the skill and experience and technology information transfer, respectively. These results will help project managers and decision makers identify selection criteria with higher weights of importance. Given that the selection criteria chosen for this research are not limited to the evaluation of a specific type of sustainable projects or a specific location, they can be used to evaluate different types of sustainable projects in different environments and locations.

scholarly journals Ukrainian social investment fund: project concept note (draft)

2015 ◽  
Vol 1 ◽  
pp. 65-74
Author(s):  
Natalja Yashko
Keyword(s):  
Monitoring System ◽  
Selection Criteria ◽  
Investment Project ◽  
Pilot Project ◽  
Project Selection ◽  
Investment Fund ◽  
Social Investment ◽  
Building Capacity ◽  
The Third ◽  
Two Phases

The goal of the paper is to present the project concept of Ukrainian social investment fund. The reasons for the establishment of the fund are laid down in the first part of the paper. The project concept is described in the second part. The goals, components, targeted beneficiaries, micro-projects eligible for the funding, project targeting, micro-project selection criteria are presented. The implementation of the project is presented in the third part. There are two phases: pilot project and main investment project. The main objective of the pilot project will be preparation of the main USIF project by elaborating mechanisms and building capacity. The monitoring system of the project is presented in the fifth part. The expected outputs/benefits are discussed in the last part.

scholarly journals Effect of Project Selection Criteria on Performance of National Government Constituency Development Fund Funded Projects: Case of Kiambu County, Kenya

2019 ◽  
Vol 3 (IV) ◽  
pp. 104-118
Author(s):  
Edward John Gikonyo Gitau ◽  
Linda Kimencu
Keyword(s):  
Project Management ◽  
Community Participation ◽  
Social Services ◽  
Selection Criteria ◽  
Project Selection ◽  
Project Performance ◽  
National Government ◽  
Development Fund ◽  
Grass Root ◽  
Project Objectives

The Constituency Development Fund was established in Kenya in 2003 with a view to addressing regional imbalances and empowering communities to prioritise and manage development projects at the grass root. This has made significant contribution in bringing essential services to the grass root. Many complaints have however been lodged by constituents with regard to performance of projects as a result of poor choice of projects, poorly constructed projects, stalled projects and projects that are completed but not in use. In the years 2013/2014 to 2015/2016, the National Government allocated a total of Kes 86.8 Billion to all the constituencies with Ruiru constituency being allocated Kes 279 million to finance different projects in line with CDF Act. Different researchers have investigated various factors that affect the performance of NG-CDF funded project. The objective of the study was to investigate the effect of project selection criteria on performance of NG-CDF funded projects in Ruiru Constituency, Kiambu County, Kenya. Project cost, time to completion and quality of the outcome have been noted to be the most visible and significant indicators of project performance due to the objectivity that characterizes their measurement and their direct economic implications if they are exceeded. The specific objectives were to investigate the effect of alignment with strategy, community participation, capacity to implement projects and feasibility of the project on performance of NG-CDF funded projects in Ruiru constituency in Kiambu County. The study was anchored on the theory of constraints, strategic alignment theory and theory of rational choice. The study employed a quantitative design using descriptive and inferential statistics to collect and analyze data and make inferences on the effect of selection criteria on performance of projects. The study’s units of analysis were 91 CDF projects, in Ruiru constituency in education, water, health, transport, environment and social services sectors that were approved between 2013/2014 to 2015/2016 financial years. The units of observation were 131 representatives comprising of a member of the executive of constituency committee and project management committee, an ordinary member of each of these committees, officers in charge of ministries of education, water, health, transport, environment and social services at sub county level.  Data was collected using a questionnaire and an observations checklist. The relationship between the variables was determined through descriptive statistics, regression and correlation analysis using the Statistical Package for the Social Sciences (SPSS) version 21. The researcher used test retest test reliability of the questionnaire. The research established that, the independent variables alignment with strategy (X₁), feasibility of project (X2), capacity to implement projects (X3) and community participation (X4) affected performance of projects with aggregate mean scores of 3.46, 3.42, 3.31 and 3.31 and Pearson correlation values of r= 0.515, r=0.736, r=0.765 and r=0.679 respectively. The regression model had an R Square value of 0.661 inferring that they explained 66.1% of project performance. However, it was established that the constituency did not have a strategic plan making coordination of development efforts disjointed. There were instances of projects that could not be identified on the ground, Poor documentation of project approvals and dissemination of information to stakeholders making it difficult to track projects absence of schedules and budgets hence no benchmark for measuring progress of cost and timelines. Many of the people charged with managing the projects lacked qualifications making it difficult to make appropriate judgments and there were many instances where communities were not involved in project management processes. Researcher recommends that there should be deliberate effort to align project objectives with organisation strategy, CDF funded projects must be evaluated to establish their feasibility, Constituency must build capacity to implement projects and community should be sufficiently involved in project identification and prioritisation. The CDF Act should be improved to ensure a more rigorous process of project identification, selection, evaluation and approval with minimum thresholds to be met before a project is accepted for funding. Further research should be undertaken on how to link project management with organisation strategy with particular reference to CDF funded projects.

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