Logged out
Access All our Essays in an Instant
Swap your work for FREE access, or pay £4.99 for instant access
Project management
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
Page Preview
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
Project Evaluation Selection of the right projects is crucial for long-term survival of the company. Choosing the wrong project does not just mean that the project will be doomed, but it may have a detrimental effect on the immediate future of the company. The development of the "RB111 carbon fibre turbine blade" project by Rolls Royce is one of the well-known cases. The aim of project evaluation is to facilitate choice amongst alternative projects under consideration. Data, which is relevant to projects, is organized and aggregated into a summary that reflects the relative strengths and weaknesses of each project. The projects are then ranked according to the pre-determined criteria and the one which best satisfies the objectives of the company is selected. Selection Criteria The criteria by which the merits of the alternatives are assessed depend on the project and the company's objectives. Some of the most commonly used criteria and its relative...
Get instant access
- Instant, unlimited access to our documents in full
- Swap your work for free access, or pay £4.99
- To see the full version of this document and 147,383 others
Receive email updates for this category
- Simply tell us your email address and receive a weekly Study Help Email for FREE
- Receive 3 FREE essay views with each email
- Get all the latest essays from Coursework.Info & discussion from TheStudentRoom.co.uk
