Project Management Processes, Methodologies, And Economics Third Edition Avraham Shtub

 

1.Starting with the environment scorning model in Table 5-3, construct an objectives hierarchy that can be used to evaluate capital development and expansion projects being considered by an electric utility company.

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2. Referring to Exercise 6.4, combine the two hierarchies into one so that there are no more than eight subobjectives at the bottom level.  Define either a quantitative or a qualitative scale for each of these subobjectives, and construct a utility function for each.  Use MAUT to evaluate and rank the three alternatives.