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As the director of construction for Mainstreet, you are asked to help the owner, facilities director, and director of development subjectively decide the priority of
As the director of construction for Mainstreet, you are asked to help the owner, facilities director, and director of development subjectively decide the priority of the various projects that are currently under consideration. There are currently 36 projects to consider. Given the uncertainty due to the economic effects of COVID-19, it is important that project priority be based on risk, cost, return, and time. Return is weighted most important, followed by time to complete. As the director of construction with PM experience, what method would you recommend the project selection committee should use to prioritize projects? Powell Barkhi Method Benefit-Cost Analysis Weighted Scoring Method Net Present Value (NPV)
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