Project selection methods and the project portfolio play an important role for corporate sustainability and strategic planning. It is important to distinguish between financial and non- financial models for project selection, since each can yield different results. I need project selection methods (financial or non-financial) or software applications with links. Also what would be some of the benefits and/or shortcomings of the particular method Solution project selection methods based on financial models are Net present value method, Profitability Index or Internal rate of return, sensitivity analysis. if you type these methods on the tool bar, you will get all the related sites and the calculation procedures to implement it. when it comes to nonfinancial methods, which speaks about sustainability of the firm there are no pre determined and pre defined methods. the main objective is the climate and environment should not disturb or pollute with our output. we should produce a product which is eco friendly and customer friendly..