There are some times when you just have to decide which project to pursue. You can’t just go for every project/opportunity you encounter on your way.
A project may be a new customer, an investment opportunity, a familiy project (such as re-painting your bedrooms) or an ordinary company project.

Simple enough, I have found pretty useful to use a Project Evaluation Model for all the cases above.

When choosing which project to go for, just have these elements clear:

- the criteria you are using to judge your project
- the importance you are willing to give to that specific criteria
- the score you assign for that criteria (low, medium, high)

This will create an easy to read table with some numerical evaluation of your project.
Of course, many situations need some personal thoughts and instinct.. but this could be a solid base on which to build your thoughts.

Download a sample Project Evaluation Model.