Choosing the best projects to invest in can be challenging, especially when dealing with limited funds. Apache Corporation uses a strategic process to decide which projects to fund based on their long-term goals. They focus on aligning technology and organizational practices to evaluate project performance and risks effectively. By implementing a robust portfolio process, Apache ensures consistent evaluation of investment opportunities and alignment with their value recognition goals. This approach has helped Apache successfully shift their focus towards organic growth and manage a complex portfolio of projects efficiently.