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Non-numeric and numeric selection models

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Reference no: EM132827946

Discusses project selection models.

There are two basic types of project selection models: non-numeric and numeric. As a project manager, you should prepare a report that provides an overview of the selection criteria, selection models, and management processes. Your short paper should do the following:

Compare and contrast the advantages and disadvantages of non-numeric and numeric selection models.

Describe how selection criteria are developed and used for the selection and prioritization of projects.

Describe management's process for choosing a project selection model. How does it align with the organization's mission?

There are several Qualitative Models that you can consider in your research for non-numeric project selection methods that include:

Subject Matter Expert (SME) judgments based on their knowledge + expertise

Sacred Cow Methods that includes pressure from upper management to complete the project

Mandates -- generated from external sources such as local, state, or federal agencies

Checklist Model -- projects are evaluated against a list of criteria.

Reference no: EM132827946

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