Project Management Application

Paper Summary:

This paper presents a discussion of how companies choose which projects to undertake, and under what circumstances it might be unwise to align project selection and prioritization with organizational goals. It also addresses whether it is necessary to plan complex projects differently than simple projects.

From the Paper:

"The most common tools for analyzing a project are the financial ones. The best of these is the Net Present Value method where the cash flows in and out are discounted to what they would be worth at the start date and added up ..."

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