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Project Selection Choosing Your Investments. Jessica Iselt, DPS Wendy Mazzurana, DIR. Agenda. Why can’t we do it all? What is Project Selection? What does a selection method look like? So what should the criteria be? How do I use the criteria to determine priority?

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Project selection choosing your investments

Project SelectionChoosing Your Investments

Jessica Iselt, DPS

Wendy Mazzurana, DIR


Agenda
Agenda

  • Why can’t we do it all?

  • What is Project Selection?

  • What does a selection method look like?

  • So what should the criteria be?

  • How do I use the criteria to determine priority?

  • How can I use this for long-term planning?

  • What will the results of a good selection method be?


Why can t we do it all
Why can’t we do it all?

  • Constraints

    • Funding

    • Resources

  • Needing to accomplish priorities


What is project selection
What is Project Selection?

  • A way to align resources and manage constraints so activities executed are those that best meet your Agency’s goals and objectives


What does a selection method look like
What does a selection method look like?

  • Leverage Best Practices

  • Consider government drivers and constraints

  • Consider the unique mission of your agency



What does a selection method look like1
What does a selection method look like?

  • Standard intake

    • Mechanism

    • Information

  • Business Case



So what should the criteria be
So what should the criteria be?

  • Cost / Funding

  • Resources / Skill-sets / Other commitments

  • Alignment to goals/objectives/strategy

  • Legislative mandate

  • Audit finding

  • Deadlines

  • Risk/Exposure


How do i use the criteria to determine priority
How do I use the criteriato determine priority?

  • Viability

  • Scoring

  • Portfolio Review Board


How do i use this for long term planning
How do I use this for long term planning?

  • Visibility into the Pipe

  • Roadmap

  • Legislative Cycle

  • Planning for items that “come in”




What will the results of a good selection method be
What will the results of a good selection method be?

  • Strategic Enterprise Roadmap

  • Complete the most important work

  • Increase project success rate

  • Decrease in overruns

  • Decrease in project abandonment

  • Achievement of priority objectives



For more information
For More information

Jessica Iselt, DPS

Deputy Assistant Director, Policy & Planning

Jessica.Iselt@dps.texas.gov

Wendy Mazzurana, DIR

Senior Project Manager, Program & Portfolio Management Office (PPMO)

Wendy.Mazzurana@dir.texas.gov