The PDSM tool provides a formal decision analysis approach for highway project delivery selection. By using this tool, a brief project delivery selection report can be generated for each individual ...

The net present value calculation is a popular method used by business managers to evaluate the profitability of different projects. It is easy to use but it also has certain limitations. Advantages ...

Project portfolio selection and optimisation is a multifaceted discipline that integrates advanced mathematical modelling and decision analysis to support the allocation of limited resources among ...

The goal of engineering design is to address physical needs using practical, analytical, and technical skills to develop robust, efficient, and appropriate solutions. Unlike many of the calculations ...

Project Management Institute (PMI) is urging organisations to continue to embrace project management as critical to their success. The results of PMI’s 2017 Pulse of the Profession: Success Rates Rise ...