Decision Models

April 3, 2008 @ Singapore Project Manager Forum from Sundar

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It is one of the selection method defined in the project selection methods which is one of the tools and technique of the Develop Project Charter Process. Decision Models are used to analyse different criteria to help and make decision during project selection.

Decision models include benefit measurement methods and mathematical methods.  These selection methods are known as decision models and calculation methods. Decision models examine different criteria used in making decisions regarding project selection, while calculation menthods provide a way to calculate the value of the project,which is then used in project selection decision making.

-Posted by Sundar


This article is syndicated from Singapore Project Manager Forum . The original article is available here. Read more in Project Management News, Singapore Project Manager Forum .

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