INTERMEDIATE LEVEL

How do you evaluate new projects and initiatives to ensure they align with strategic objectives?

Sample answer to the question

When looking at new projects, I like to first check if they fit with our main goals. For example, in my last role, there was a project to upgrade our database system. I sat down with the team and we discussed how it would help us with speed and security, which were two of our big goals. After that, I compared the costs and benefits to make sure it made sense financially. Once we saw it aligned with our strategic objectives, we moved forward with it.

A more solid answer

In my role as a technical manager, it was vital to ensure every project aligned with our core strategic objectives. I developed a multi-tiered evaluation approach, starting with preliminary alignment checks against our key performance indicators. For instance, when we considered implementing a new cloud infrastructure, I evaluated the potential impact on our operational efficiency and customer satisfaction, as these were central to our strategy of delivering exceptional value. I then worked closely with the finance department to assess the budget implications and with the risk management team to scrutinize potential risks and mitigation strategies. This collaborative process helped us make informed decisions that reinforced our strategic direction.

Why this is a more solid answer:

This answer is solid because it touches on multiple evaluation areas such as strategic alignment, cross-functional collaboration, and budget and risk assessment. It adds specific details about the candidate's approach and mentions working with other departments, showing organization and leadership skills.

An exceptional answer

Evaluating new projects begins with a comprehensive review of their potential to enhance value according to our strategic pillars: innovation, customer satisfaction, and operational excellence. I lead a process that maps project objectives to these strategic goals and involves rigorous technical feasibility analysis. The proposed cloud migration project underwent this scrutiny, with extensive collaboration between engineering, finance, customer service, and risk teams to ensure comprehensive evaluation. We assessed technical compatibility, potential ROI, and project risks, using a decision matrix to quantify alignment. For budgeting, we adopted a phased funding model, linking resource allocation to milestone achievements. Engaging stakeholders at all levels, from individual contributors to executive leadership, ensured a broad perspective in decision-making and increased buy-in.

Why this is an exceptional answer:

This answer stands out because it systematically addresses the strategic evaluation process and showcases a collaborative, cross-departmental approach tailored to the job responsibilities. It demonstrates a deep understanding of strategic thinking, technical leadership, and effective communication, going beyond basic project evaluation to include stakeholder engagement and dynamic budgeting.

How to prepare for this question

Reflect on your past experiences where you have led the strategic evaluation of projects, emphasizing your role in ensuring alignment with organizational goals. Prepare concrete examples of how your decisions impacted the company.
Practice articulating the process you use to assess technical feasibility, collaboration with other departments, and how you manage resources and risks. Emphasize the tools or methodologies that aid in these evaluations.
Consider scenarios where projects might not align perfectly with strategic goals and how you navigate such situations. Highlight your decision-making process and problem-solving skills.
Develop examples that showcase your ability to effectively communicate and engage stakeholders throughout the evaluation process, ensuring that their insights contribute to better project alignment and buy-in.

What interviewers are evaluating

Strategic thinking and vision
Technical leadership and expertise
Project management and organization
Cross-functional collaboration
Budget management and resource allocation
Risk assessment and management