Project Management Lecture 04 : Project Selection Models
Lecture 04 : Project Selection Models Transcript and Lesson Notes
In this video, we will discuss two types of project selection models: Numeric and Non-numeric. Within the Non-numeric model, we will explore methods such as Sacred Cow, Operating Necessity, Competitive Necessity, Product
Quick Summary
In this video, we will discuss two types of project selection models: Numeric and Non-numeric. Within the Non-numeric model, we will explore methods such as Sacred Cow, Operating Necessity, Competitive Necessity, Product
Key Takeaways
- Review the core idea: In this video, we will discuss two types of project selection models: Numeric and Non-numeric. Within the Non-numeric model, we will explore methods such as Sacred Cow, Operating Necessity, Competitive Necessity, Product
- Understand how Project Selection Models fits into Lecture 04 : Project Selection Models.
- Understand how Project Management fits into Lecture 04 : Project Selection Models.
- Understand how Prof. A. Ramesh fits into Lecture 04 : Project Selection Models.
- Understand how IIT Roorkee fits into Lecture 04 : Project Selection Models.
Key Concepts
Full Transcript
In this video, we will discuss two types of project selection models: Numeric and Non-numeric. Within the Non-numeric model, we will explore methods such as Sacred Cow, Operating Necessity, Competitive Necessity, Product Line Extension, Comparative Benefit, and Sustainability. Additionally, within the Numeric model, we will cover the Payback method, NPV, Scoring method, Window of Opportunity, and Discovery-driven methods.
Lesson FAQs
What is Lecture 04 : Project Selection Models about?
In this video, we will discuss two types of project selection models: Numeric and Non-numeric. Within the Non-numeric model, we will explore methods such as Sacred Cow, Operating Necessity, Competitive Necessity, Product
What key concepts are covered in this lesson?
The lesson covers Project Selection Models, Project Management, Prof. A. Ramesh, IIT Roorkee, numeric methods.
What should I learn before Lecture 04 : Project Selection Models?
Review the previous lessons in Project Management, then use the transcript and key concepts on this page to fill any gaps.
How can I practice after this lesson?
Practice by applying the main concepts: Project Selection Models, Project Management, Prof. A. Ramesh, IIT Roorkee.
Does this lesson include a transcript?
Yes. The full transcript is visible on this page in indexable HTML sections.
Is this lesson free?
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