PJM380 MOD2 Discussion Post
I’m stuck on a Management question and need an explanation.
MODULE 2: DISCUSSION FORUM
Assume you are drafting an email to a colleague to explain how he/she can use Excel to solve one of the economic models used for project selection. Provide a detailed, step-wise instruction for one of the economic models discussed in Chapter 2 of the textbook and specify the inputs, Excel formula, and output data. You can use Lynda.com to review videos that provide additional information on economic models.
- Chapters 2 & 3 in Project Management Toolbox
- Part 1, Section 4.1 and Part 2, Section 2 in A Guide to the Project Management Body of Knowledge (PMBOK® Guide), 6th edition
- Caballero, H. C., Chopra, S., & Schmidt, E. K. (2012). Project portfolio selection using mathematical programming and optimization methods. Paper presented at PMI® Global Congress 2012—North America, Vancouver, British Columbia, Canada. Newtown Square, PA: Project Management Institute. Retrieved from
Tekes, G., & Cavarec, Y. (2013). Benefit realization in execution focused companies vs. project management excellence: what really matters? Paper presented at PMI® Global Congress 2013—North America, New Orleans, LA. Newtown Square, PA: Project Management Institute.