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Mastering Project Portfolio Management by Susan Bivins, Michael Bible

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3 Introduction to Ratio-scale Measurements and the Analytic Hierarchy Process

3

Introduction to Ratio-scale Measurements and the Analytic Hierarchy Process

Some of the most important, and most complex, decisions made by organizations are those that determine which projects will be executed to maximize return to the organization. The ability to structure decisions, measure options, and synthesize the measurements to derive priorities is critical to implementing and maintaining an effective PPM process and in selecting optimal portfolios. These capabilities must be embedded in the tools and techniques used. How choices are made can be the difference between good decisions and bad ones. Understanding how to measure, and how to interpret ...

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