Explain the scoring method for project selection, Project Management

Assignment Help:

Question 1:

Explain the Scoring Method for project selection

a) Un-weighted 0-1 factor method and Weighted factor scoring method

b) Show the algorithm for solving the shortest-route problem

Step 1 - Prepare a master list
Step 2 - Mark the source
Step 3 - If the newly marked node is the sink, go to Step 5. If not, go to
Step 4.
Step 4 - Suppose all marked nodes having un-circled branches
Step 5 - Z* is the value assigned to the sink. A minimum-cost path is obtained recursively,

Question 2:

Describe the rules for network construction. Show PERT method of project planning

Rules for the construction of a network -
1. Each activity is shown by one arrow
2. Each activity must be identified by its starting and end node
3. Nodes are numbered.
4. Between any pair of nodes, there should be one and only one activity;
5. Arrows should be kept straight
6. Rules for the logical sequence (or inter-relationship) between activities PERT

• Explanation
• Steps in the PERT Planning Process
• Benefits of PERT
• Limitations of PERT


Related Discussions:- Explain the scoring method for project selection

What are the contents of post completion report, What are the contents of p...

What are the contents of post completion report? Contents of a PC (post completion) report: a. Outcomes documented through staff appraisals undertaken b. Stakeholder surv

Project management plan of Reverse osmosis plant, Scope Work breakdown str...

Scope Work breakdown structure Gantt chart Scope cchange management Project budget Project ccash flow

Describe the follow-up phase, Describe the follow-up phase, in short. ...

Describe the follow-up phase, in short. Follow-up phase: Although this is extremely significant, the follow-up phase is frequently neglected. Throughout this phase, the w

Steps of heuristic method, Steps of Heuristic Method The heuristic ap...

Steps of Heuristic Method The heuristic approach involves following procedural steps: Identify the work ( job) Break down the work into elemental tasks or steps for

Describe standards of data quality, Question 1: Describe any two standa...

Question 1: Describe any two standards of data quality Any two of the following Governance and Leadership Policies and Procedures Systems and Processes People

Factors affecting process planning - processing method, Processing Method ...

Processing Method The process by which  product is made has a direct impact on the  process planning because variation of the  process will vary  the type of machine  tool, eq

Explain the fundamental quality management principles, Question: (a) Ex...

Question: (a) Explain the eight fundamental Quality Management Principles of the standard ISO 9001: 2008. (b) Explain the relevance of the various requirements in terms of M

Describe the components of resourcing strategy, Question 1: Describe th...

Question 1: Describe the need for manpower planning Define Manpower planning. Need for manpower planning Question 2: Show the benefits of carrying out manpo

What do you meant by quality circles, Question 1: a. State the purposes...

Question 1: a. State the purposes of Malcolm Baldrige Quality Award b. Compare Balridge award criteria with TQM. A Purpose of MBNQA Question 1: What do you meant by qu

Tools and techniques of layout planning - line balancing, Tools and Techniq...

Tools and Techniques of layout planning - Line Balancing Line balancing is the phases of assembly line study that nearly equally divides the work to be done among the workers

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd