For this topic, the project team is to develop a project proposal, as described in the chapter. Pro forma documents (e.g., a projected income statement) should be included, as well as a justification of the project. The team should endeavor to apply as many of the project selection methods as may be applicable, including both numeric and nonnumeric models. Both profitability and scoring models should certainly be included. How might goal programming or simulation models be useful here?
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.