project selection models

https://www.youtube.com/watch?v=UJd-bkn4VSw 'Murder Board' might not really sound like a Project Selection Process but then again it is meant to be…

https://youtu.be/G7jG0_TOg78 Definition This is one of the most, if not the most, important metric that the Project Manager should be…

https://www.youtube.com/watch?v=CcRP3Wya_iM Definition Benefit-Cost ratio is the ratio of the benefits of a project compared to the costs calculated in terms…

https://www.youtube.com/watch?v=uIGFTejZRPI Definition Opportunity Cost is the highest value a person needs to give up for the selected choice. For example,…

https://www.youtube.com/watch?v=pphAMY5mV2U Definition Return on investment (ROI) is the benefit an investment bring about, by comparing profits in relation to capital…

https://www.youtube.com/watch?v=QAuuwDOu61U Definition Payback Period is the time it takes for the organization to earn back the initial investment (in terms…

https://www.youtube.com/watch?v=HiVbDQPRE1g Definition Net Present Value (NPV) of the sum of all cash inflows (in Present Value) of the project minus…