Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Projects W, X, Y, and Z are each being screened according to four criteria:
Potential Return on Investment, Lack of Technological Risk, Environmental
“Friendliness,” and Service to Community:
• Project W: Return, high; Risk, medium; Environment, medium; Service, low
• Project X: Return, medium; Risk, high; Environment, medium; Service, low
• Project Y: Return, medium; Risk, medium; Environment, high; Service, high
• Project Z: Return, medium; Risk, medium; Environment, high; Service, low.
Create a scheme for screening the projects, assuming equal weight for all criteria.
Which project comes out best; which word explain the output of scope with help of figure.
How risk been evauted while describing the scope management.
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