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The Project Proposal Scorecard
The Project Proposal Scorecard is used to evaluate and score project proposals as part of the project selection process.
Instructions
- Enter basic proposal information in the spaces provided.
- Score the proposal for individual viability on a scale of 1 (low viability) to 5 (high viability) in each of the following categories: Value (scoring the potential benefit), Alignment (scoring the degree to which the proposed project supports business goals and objectives), Cost/Benefit (scoring the degree to which potential benefits outweigh probable costs), Risk Manageability (scoring the degree to which potential risks can be managed)and Success Probability (scoring the likelihood of project success).
- Enter notes and comments to justify/explain each score. The total score will automatically calculate.
- Rank the proposal according to comparative viability, entering the size of the proposal pool (the number of proposals under review), the placement (rank) of this proposal in the pool, and any notes relating to comparative viability.
- Click in the appropriate checkbox to select the current proposal status (accepted, rejected, placed on hold, or pending determination).
- Select the appropriate priority assignment from the pull-down list (to be determined, high, medium or low).
- Enter any notes regarding priority in the space provided.
Learn More about Project Selection
Managing the Project Selection Process: Every project begins with a proposal, but not every proposal can or should become a project. In a world of limited resources, choices have to be made. Not every project has viability. And, amongst those that do, limited resources (people, time, money and equipment), must be applied judiciously. The goal of the project selection process is to analyze project viability, and to approve or reject project proposals based on established criteria, following a set of structured steps and checkpoints..
Planning Templates from ITtoolkit.com
The Project Planning Roadmap
The Asset Management Planning Template
The Business Benefits Checklist
The Project Planning Checklist
The Technology Upgrade Planning Template
The Troubled Project Assessment