Question: Construct a project checklist model for screening these four alternatives. Based on your model, which project is the best choice for selection? Why? Which is
Construct a project checklist model for screening these four alternatives. Based on your model, which project is the best choice for selection? Why? Which is the worst? Why?
Consider the following information in choosing among the four project alternatives below (labeled A, B, C, and D). Each has been assessed according to four criteria:
| Payoff potential |
|
| ||
| Lack of risk
Project A is rated: |
| |||
| Payoff potential Lack of risk
Project B is rated: |
| high low
| Safety Competitive advantage | high medium |
| Payoff potential Lack of risk
|
| low medium | Safety Competitive advantage | medium medium |
| Project C is rated: Payoff potential Lack of risk
|
| medium medium |
Safety Competitive advantage | Low low |
| Project D is rated: Payoff potential Lack of risk |
| high high | Safety Competitive advantage | medium medium |
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