A portfolio of projects is typically represented by compliance, strategic, and operations projects. Describe each category and explain how these classifications determine how projects are selected? Give examples of the kinds of projects would fall under each category.

One way to determine whether a project aligns with company objectives is to create a scoring system whereby each priority of the project can be objectively evaluated against predetermined criteria. Describe the objective priority system to project selection and explain how this system can help to link projects to organizational strategic plans.