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1. How realistic is this matrix approach to the task?
2. Evaluate candidate #7 whose rating f>)7 = [1, 3, 2, 3, 3|. How does the candidate contribute to V?
3. How might this model be extended? What other issues could be addressed?
4.. How might linear programming be used in this situation? Could it address the same task? Which would be better?
The problem of justifying the adoption of advanced technologies is much the same as the project selection problem. The difference in perspective is primarily that there is some pre-existing hurdle that must be met in the justification problem and any number, or none, of the technologies may meet it. The aim of project selection, however, is to rank the projects along some set of criteria. This paper describes the justification/selection models in detail and gives examples.
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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.