I am a software engineer, and sometimes I feel like a man with a hammer seeing everything as a nail. I’ve been in this field for a long time and have often noticed that doing more doesn’t always lead to better results. The question is: how can I evaluate whether a new project is good?

there are two axes to consider when selecting an project:

• feasibility
• value
  Feasibility is how easy it is to do the project, and value is how much value the project will deliver to the business.

A framework for quantifying the value of an project

it’s about :

• efficiency(saving time and effort, reducing risk) - easy
• new revenue - hard

efficiency always focus on people, which includes considering :

• the number of people involved
• the percentage of their time that they spend on the project
• the cost per person

Summary

When evaluating whether a new project is good, we focus on feasibility and value.