Project Evaluation Criteria: A Map of Success

Businesses need to consider many factors when creating growth and development strategies and evaluating projects. Project evaluation criteria are the criteria used when selecting and prioritizing the projects of enterprises. These criteria provide guidance to the business by evaluating factors such as the benefits, costs, risks and suitability of the project.

What are Project Evaluation Criteria?

Project evaluation criteria are a set of criteria used to analyze a project's compliance with business strategies, its cost-effectiveness, and the benefits it can deliver. These criteria help businesses determine which projects to invest in and which projects to prioritize.