Project Selection Methods – Part 2
Project selection methods II This article will cover Benefits Measurement methods in detail. Benefit measurement methods include comparative methods, scoring models, and cash flow analysis. They are used as project selection tools to determine which project to proceed with or to determine which project among a list of projects should be undertaken. Cost – Benefit Analysis :Already covered Scoring Models Cash flow Analysis Technique Scoring Models Another project selection technique in the benefit measurement category is a scoring model, or weighted scoring model. Weighted scoring model is used not only to choose between projects but also to choose between competing […]
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