We’ve all been there… Your team works for weeks to develop a cost-effective solution to a problem, and the end result is only a minor financial impact on your organization. It’s not that your team didn’t accomplish what they set out to do; it’s that the problem you were solving didn’t actually have a large impact on your company’s bottom line. The problem with your solution started when you were selecting the project.
So, how do you select a project that has the biggest return on investment (i.e., your team’s time)? The answer lies in improving your own process for selecting a project. Once you’ve decided on a direction, you may also need to “sell” the project’s feasibility and expected outcome to your management team.