There are two basic types of project selection models: non-numeric and numeric. As a project manager, you should prepare a report that provides an overview of the selection criteria, selection models, and management processes. Your short paper should do the following: Compare and contrast the advantages and disadvantages of non-numeric and numeric selection models. Describe how selection criteria are developed and used for the selection and prioritization of projects. Describe management’s process for choosing a project selection model. How does it align with the organization’s mission? Make sure you apply theory, scholarly resources, and course concepts throughout.

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Every project selection is based on two very important aspects numerical and non numerical quantifie... View the full answer