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Project Selection

Lifecycle Costing and Depreciation

https://youtu.be/GWSdJOlkWaA We have previously discussed several concepts related to Project Selection (listed here) and Lifecycle Costing and Depreciation are two…

Project Selection – Murder Board

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…

Overview of Project Selection Concepts / Methods / Techniques

https://www.youtube.com/watch?v=k1m8o3PleHk RELATED LINKS PROJECT SELECTION PLAYLISThttps://www.youtube.com/playlist?list=PLLRADeJk4TCK04Hcvb7lOX5FjXJtQhPdo YOUR PMP BRAIN DUMPhttps://www.youtube.com/watch?v=PxZ8j2KAOpY PMP FORMULA CHEAT SHEEThttps://www.youtube.com/watch?v=bOwdUsVI9ig LIST OF COMMON NAMES FOR PMP…

Project Selection – Internal Rate of Return

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

Project Selection – Benefit-Cost Ratio

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…

Project Selection – Opportunity Cost

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,…