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The Project Management Professional (PMP)® and Certified Associate in Project Management (CAPM)®, are registered marks of the Project Management Institute (PMI)®

The Strategy of Project Selection

You control the course! You choose the time, location, and pace. InSite is available when you are - 24/7.

    The Strategy of Project Selection

    • 100% Online
    • Business Acumen PDUs
  • PDUs: 6

Select a Course Duration

The Strategy of Project Selection


PMI Talent Triangle™

  • Power Skills PDUs: 0
  • Ways of Working PDUs: 0
  • Business Acumen PDUs: 6

  • Audio/Video Lessons

    Presented with engaging visuals & fully narrated to guide you through learning the content

  • Expert Led Instruction

    Industry leaders and subject matter experts provide engaging content, tools & expert advice

About This Course

With so many project proposals to choose from to charter as programs and projects and include in the portfolio, why are some chosen and others abandoned?  In this course, learn why projects are investments, where they fit in the “big picture” and how they are vetted against each other based on beneficial contributions and the cost of the investment.   Factors such as project triggers, compliance factors, the gap from today to tomorrow, and financial benefit measurement methods are reviewed and explained.  These strategies and concepts apply to project and program investments – whether traditional or agile!

Earn 6 Professional Development Units (PDUs) that can be applied towards the following certifications: PMP, PgMP, PfMP, PMI-ACP, PMI-BA, PMI-RMP, and PMI-SP.

This course is also available in the Complete Your Talent Triangle bundle and the PDU Passport, our all-access pass to every InSite PDU course.

Free Trial Available

Get immediate access to our virtual classroom, the full course outline and several unlocked modules to give you a better feel for the content, author and overall class experience.

Get Started!

What You Will Learn

  • Strategy - Big Picture
  • Project Triggers
  • Benefit Measurement Methods
  • Return on Investment
  • Benefit Cost Ratio
  • Time Value of Money
  • Present Value
  • Net Present Value
  • Internal Rate of Return
  • Hurdle Rate
  • Payback Period
  • Opportunity Cost
  • Value-Based Prioritization
  • The Proposal
  • The Project Portfolio Selection

Key Takeaways

  • Benefit Cost Ratio Exercise
  • Business Acumen PDUs
  • Certificate of Completion
  • Net Present Value Calculator
  • Net Present Value Exercise
  • Present Value Exercise
  • Return on Investment Calculator
  • Return on Investment Exercise
  • Smaller is Better Exercise
  • Time Value of Money Exercise

PMI Talent Triangle™

Power Skills PDUs:

0

Ways of Working PDUs:

0

Business Acumen PDUs:

6

Who Chooses Velociteach

  • Audio/Video Lessons

    Presented with engaging visuals & fully narrated to guide you through learning the content

  • Expert Led Instruction

    Industry leaders and subject matter experts provide engaging content, tools & expert advice

About This Course

With so many project proposals to choose from to charter as programs and projects and include in the portfolio, why are some chosen and others abandoned?  In this course, learn why projects are investments, where they fit in the “big picture” and how they are vetted against each other based on beneficial contributions and the cost of the investment.   Factors such as project triggers, compliance factors, the gap from today to tomorrow, and financial benefit measurement methods are reviewed and explained.  These strategies and concepts apply to project and program investments – whether traditional or agile!

Earn 6 Professional Development Units (PDUs) that can be applied towards the following certifications: PMP, PgMP, PfMP, PMI-ACP, PMI-BA, PMI-RMP, and PMI-SP.

This course is also available in the Complete Your Talent Triangle bundle and the PDU Passport, our all-access pass to every InSite PDU course.

Who Chooses Velociteach

Free Trial Available

Get immediate access to our virtual classroom, the full course outline and several unlocked modules to give you a better feel for the content, author and overall class experience.

What You Will Learn

  • Strategy - Big Picture
  • Project Triggers
  • Benefit Measurement Methods
  • Return on Investment
  • Benefit Cost Ratio
  • Time Value of Money
  • Present Value
  • Net Present Value
  • Internal Rate of Return
  • Hurdle Rate
  • Payback Period
  • Opportunity Cost
  • Value-Based Prioritization
  • The Proposal
  • The Project Portfolio Selection

Key Takeaways

  • Benefit Cost Ratio Exercise
  • Business Acumen PDUs
  • Certificate of Completion
  • Net Present Value Calculator
  • Net Present Value Exercise
  • Present Value Exercise
  • Return on Investment Calculator
  • Return on Investment Exercise
  • Smaller is Better Exercise
  • Time Value of Money Exercise

Target Audience:

All project managers. Best for PMI® certification holders.

Author:

  • Louis Alderman

    The Strategy of Project Selection

    • 100% Online
    • Business Acumen PDUs
  • PDUs: 6

Select a Course Duration

The Strategy of Project Selection


PMI Talent Triangle™

  • Power Skills PDUs: 0
  • Ways of Working PDUs: 0
  • Business Acumen PDUs: 6

PMI Talent Triangle™

Power Skills PDUs:

0

Ways of Working PDUs:

0

Business Acumen PDUs:

6

Frequently Asked Questions

  • Will I earn PDUs for taking this course?

    Yes!  Your PDUs are important, and we’ve aligned this course with the PMI Talent Talent Triangle™ making it easy for you to submit them with PMI®.  Once you have finished this course, our system will generate a Certificate of Completion for your records. We’ve created step-by-step instructions to claiming your PDUs here.

  • How long will I have access to this course?

    If you purchase the individual course, you will have access for 6 months from the time you activate the course key in your account. If you purchase the PDU Passport, you’ll have either 6 or 12 months from date of purchase depending which PDU Passport subscription you chose.

  • When will I be able to access this course?

    Upon purchase, this course will automatically be added to your account. If you purchased this individual course, your 6-month access period will not begin until you activate the course key.  Once activated, you can access the course anytime you want, 24/7, with internet connection for 6-months. If you purchase the PDU Passport, your access will begin right away.

  • How long will it take me to complete the course?

    You will earn 6 PDUs for completing this course. Therefore, it should take you about 6 hours to complete the course, but you can revisit sections or watch lessons as many times as you wish during your access period. One of the best features is you can pause a course and pick up right where you left off when you log back into your account. InSite is self-paced, which makes it simple for you to learn when it is convenient for you.

  • Can I access this course from a mobile device?

    Yes, you can take this course from your computer, tablet or mobile device.  If you can access the internet, you can access this course.

  • What is the Talent Triangle, and how does it impact my PDUs?

    PMI requires that you earn a minimum number of 8 PDUs in Ways of Working, Power Skills, and Business Acumen categories. This course qualifies for 6  Business Acumen PDUs towards your recertification.

  • How do I report my PDUs?

    You can report your PDUs and check your current PDU balance directly through PMI. For your convenience, we’ve created step-by-step instructions to claiming your PDUs here. You will receive a Certificate of Completion when you complete this course which you should save in case you get audited by PMI.

From Our Customers

Testimonial Headshot image of Claire Struthers
Velociteach is doing a great job of helping me earn my PDUs through the courses offered to me. I am most enthusiastic about project management and the Agile methodology that is garnering a lot of attention. Kudos to Velociteach and Neal Whitten to take this on and provide more information to PMI PMP's such as myself. It helps me to take the course on my own pace and when it serves me best to get on the computer to learn it.
Claire Struthers
Testimonial Headshot image of Faith Barclay
This is an awesome resource. I love that you can go at your own pace and have 24/7 access!!
Faith Barclay
Testimonial Headshot image of Sara Francolini
I used Velociteach course material in preparing for my PMP exam years ago, and Velociteach has been my go-to for online courses thereafter.
Sara Francolini
Testimonial Headshot image of Joseph Adduci
All of the courses I have purchased from Velociteach have been invaluable! I love the courses and it helps provides greater insights to areas that I'm not familiar with.
Joseph Adduci
Testimonial Headshot image of Malvery Williams, PMP
Your courses are well designed, planned and executed. Love the interactive nature and the recaps after each section. Case studies are awesome to get material to stick. Thank you. IT appears you practice what you preach. You understand your stakeholders' needs so well.
Malvery Williams, PMP
Testimonial Headshot image of Steve Kingdon
Generally when I come to the end of my PMP 3 year cycle I look for online courses, and your company is always at the top of the list :)
Steve Kingdon

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