Project Criteria Checklist

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General suitability criteria:

• Review underlying problems which your project seeks a solution for: are these problems really relevant and impactful for your current situation?
• Study feasibility and optimality of the problem solution provided by the project (make sure it is the optimal and only affordable solution for this problem);
• Justify the current solution as only acceptable, if there are more of alternative solutions;
• Calculate and examine the project’s profitability and cost-efficiency, so you can make sure that the project’s viability satisfies the success criteria of your organization;
• Review the project’s lifecycle and goals in a long-term outlook to ascertain that your company can afford continued maintenance of this project (perhaps further sponsorship/sale is required);
• Analyze how beneficially the project impacts your company’s competitiveness (the project costs and commitments won’t be pulling a company down in a future);
• Study whether the project plan provides you with a comprehensive work definition;
• Examine if the project manager is assigned and he/she is fully eligible for this position;
• Check if all project documents are ready, approved, and delivered to their users (please see the Project Documentation Checklist for more information);
• Learn whether the project has sufficient (rather positive) effects and assess them:
  • Social or community impact;
  • Environmental impact;
  • Business development impact;

Project results acceptance criteria:

• Determine norms and tolerance on quality specifications for the project deliverables;
• Create the project’s Network Diagram to clarify the delay acceptance criteria for all tasks;
• Set up the project’s due date and deadline constraints to identify schedule overrun criteria;
• Schedule the milestones and target dates within the project’s timeline to clarify criteria for on-time delivery of the project results to know where timeliness is really critical;
• Calculate the budget constrains and cost allowances (initial costs estimates developed by adding the risks-reasoned correction);

Legality criteria of the project:

• Assess compliance of the project to appropriate law criteria and regulations;
• Close legal questions related to employment and compensation of the team members;
• Inspect if the project team members have all kinds of certifications for their personal service;
• Control whether the organization has all necessary permits to deploy the projected activities;
• Settle all questions with taxation and governmental supervision;
• Settle all questions with the project contractors (make sure the contracts are correctly composed and signed as appropriate: for more info see Business Contract Checklist);

Suitability criteria for the project’s resources:

• Examine the complete set of political, economic, socio-culture and technological factors (PEST) encompassing the project to get a better view of risks and supportive opportunities;
• Assess suitability of the project’s resources to the operational environment;
• Control how well the project team members are ready and ...

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