Part 1: Discuss how excessive or exclusive reliance on other screening methods might lead to similar problems?
Name some key criteria that should be used in evaluating all new projects before they are added to the current portfolio. What is the effect of poor project-screening methods on a firm's ability to manage its projects effectively?
Part 2: How would you explain the reasons for a divergence of opinion from one technique to the next in project evaluation? What are the strengths and weaknesses of each screening method? What do you think about the use of project selection methods in organizations?