Facts of procedures for evaluating projects against the criteria are diagramatically shown on the attached figure. Project goodness is a project-by-project evaluation of the indices of fitness against the eight or more criteria previously discussed. Software technology, appropriate questionnaires, interviews, and a database analysis will be used to make sure this procedure is kept up to date with its consistency and validation maintained. This procedure is done on an absolute basis against a historical performance by the existing company or entity, and against the company's peer groups or competitive groups in the same arena.
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