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Criteria for selecting project priority

M.Ing. / A company can execute a number of different projects. Some of these projects will increase production volumes, plant efficiency or plant productivity. Others may only be projects that are executed in order to conform to legislation requirements. As such projects can broadly be placed in the following categories: • Compliance • Emergency • Operational • Strategic and • Sustainability A project needs to go through a number of steps before it is decided to finally execute the project. The first step is to place the project in the correct category. The second step is to screen the project on a high level to ensure that it meets all of the required criteria. The third phase would be to prioritise the projects. The final step would then be to decide which projects to execute. This type of staged approach determines which projects to complete and ensures that resources are not wasted unnecessarily on projects that should not be executed and that do not meet the minimum criteria.

Identiferoai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:uj/uj:2520
Date06 June 2012
CreatorsEngelbrecht, Nicole
Source SetsSouth African National ETD Portal
Detected LanguageEnglish
TypeThesis

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