SAB9#22_Project selection methods

SAB9#22_Project selection methods

1. Constrained optimization methods(mathematical approach)

   • Integer programming
   • Linear programming
   • Dynamic programming
   • Multi-objective programming

2. Benefit measurement methods(comparative approach)

   • Murder board
   • Peer Review
   • Scoring models
   • Economic models
     • Present value
     • Net present value
     • Internal rate of return
     • Payback- Period
     • Cost-Benefit analysis

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