Project Selection
To keep investment project estimates realistic, the originating
organization must accept a level of risk. By accepting risk, the group or
committee that has to select the best projects will not have to deal with
unrealistic figures. Once a project is funded, an agreed upon portion of
the savingsshould be used to reduce outyear budgets and a portion
distributed to promote involvement. Then the organization receiving the
funding will not have to track exact results, since they will have to live
with the results.