Create weighted scoring model to determine which project

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Reference no: EM132879354

Based on the knowledge you have gained through the readings in this module, These questions were chosen to demonstrate your understanding and help you assess your progress.

1. Perform a SWOT analysis on your ability to master the content of this course. Examine your knowledge, skills and required effort.

2. Why is any NPV for a project that is greater than zero good?

3. What is the main benefit of using a weighted scoring model?

4. Identify and discuss what the first step of project portfolio management is and what value it brings to managing projects as a portfolio.

5. Create a weighted scoring model to determine which project to select. Assume the criteria are cost, strategic value, risk, and financials. After you select either Project (1, 2 or 3), explain why you did not select the other two projects. Weights of 15%, 40%, 20%, 25% respectively. Project 1 values are 60, 65, 75, 50; Project values are 90, 50, 60, 70; Project 3 values are 90, 80, 70, 60. Use this template to create your weighted scoring model.

Reference no: EM132879354

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