Project Selection Project management project selection techniques are essential tools for making informed decisions regarding the projects to undertake. Justify your project selection by applying project management project selection techniques.
The objective of this assignment is to demonstrate your understanding of project management project selection techniques and how they can be applied in real-life scenarios. Instructions: Based on your capstone project, apply three or more project management project selection techniques to justify your project selection.
Use the following project selection techniques as a guide: Benefit-Cost Ratio (BCR) Net Present Value (NPV) Internal Rate of Return (IRR) Payback Period (PP) Scoring Models SWOT Analysis Directions:
Provide a brief description of the project and explain why you chose it. Apply the selected project selection technique(s) to justify your project selection.
Provide detailed explanations of how you arrived at your decision. Discuss the limitations and assumptions of the selected project selection technique(s) and how they may impact the decision-making process.
Conclude by summarizing your findings and reflecting on the effectiveness of the project selection technique(s) in helping you make an informed decision. Deliverables: Project Selection Summary Submit a written report of 2-3 pages, not including references or appendices. Include at least 3 scholarly references. Your report should be well-structured, and your arguments should be well-supported with evidence from academic and professional sources.
Use APA style for in-text citations and references. The CSU Global Writing Center and Library are great resources for help with APA and for finding references. Click on the Library or Writing Center tabs on the Course Navigation Panel for quick access.
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