LEARNING PAMANTASAN NG LUNGSOD NG MUNTINLUPA

MODULE COLLEGE OF BUSINESS ADMINISTRATION

University Road, Poblacion, Muntinlupa City
QR/CBA/0__ Course Title: PROJECT MANAGEMENT
Issue No. 0 Revision No. 0 Effectivity Date 7 September 2020 Page No. 1 of 31

2 Project Selection

INTRODUCTION

This module was designed and written to guide you on how projects are selected, the
criteria for the selection process, and various selection models. It also includes the risk
analysis and the preparation of the project proposal.

Learning Targets
After finishing this module you are expected to:

1. Describe the primary model selection criteria.

2. Describe the preparatory steps in using a
model.
3. Classify project selection models as either
numeric or non-numeric.
4. Name and briefly describe the numeric
and non-numeric models
5. Describe the content of the project
proposal.
 LEARNING PAMANTASAN NG LUNGSOD NG MUNTINLUPA
MODULE COLLEGE OF BUSINESS ADMINISTRATION
University Road, Poblacion, Muntinlupa City
QR/CBA/0__ Course Title: PROJECT MANAGEMENT
Issue No. 0 Revision No. 0 Effectivity Date 7 September 2020 Page No. 2 of 31

Directions: Read and understand the following and answer the question below.

Read Sec. 2.2 & 2.3, Chapter 2

Sec. 2.2 & 2.3, Chapter 2 – Project Selection and Criteria of Choice, and The Nature of
Project Selection Models. These sections discuss the criteria for project selection models,
and what the model does for us.

Reading/s: Sec. 2.2 & 2.3, Chapter 2 –. Pages 40 – 43, Project Management, A Managerial Approach, ., 7th
Edition, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ, 2009, Meredith, Jack R., Mantel Jr.,
Samuel J,

Answer the Following Questions:

1. What are the criteria for the project selection model, based on Souder? Identify each and
discuss it?
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2. What are the two basic types of project selection models? Name it and discuss each type.
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3 What are the two critically important facts, the model can do for us but often overlooked?
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 LEARNING PAMANTASAN NG LUNGSOD NG MUNTINLUPA
MODULE COLLEGE OF BUSINESS ADMINISTRATION
University Road, Poblacion, Muntinlupa City
QR/CBA/0__ Course Title: PROJECT MANAGEMENT
Issue No. 0 Revision No. 0 Effectivity Date 7 September 2020 Page No. 3 of 31
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A. Directions: Read Sec. 2.4 & 2.6, Chapter 2 on page 44, and answer the following
questions.

Read Sec. 1.1, Chapter 1

Sec. 2.4 & 2.6, Chapter 2 – Types of Project Selection Models and Comments on the
Information Base for Selection. These sections examine the subtypes of the two basic types of
selection models (numeric and non-numeric), and the three special problems affecting the data
used in project selection models.

Reading/s: Sec. 2.4 & 2.6, Chapter 2 – Types of Project Selection Models and Comments on the Information
Base for Selection, Pages 44 – 71, Project Management, A Managerial Approach, ., 7th Edition, John Wiley &
Sons, Inc., 111 River Street, Hoboken, NJ, 2009, Meredith, Jack R., Mantel Jr., Samuel J.

1. Name and briefly discuss each numeric subtypes models.

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2. Name and briefly discuss each nonnumeric subtypes models.

 LEARNING PAMANTASAN NG LUNGSOD NG MUNTINLUPA
MODULE COLLEGE OF BUSINESS ADMINISTRATION
University Road, Poblacion, Muntinlupa City
QR/CBA/0__ Course Title: PROJECT MANAGEMENT
Issue No. 0 Revision No. 0 Effectivity Date 7 September 2020 Page No. 4 of 31
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3. What is the distinction between a qualitative and a quantitative measure?

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Explain

Let us continue our discussion about project

selection. In this part, we will take a look at
the project proposal. Our aim is to make a
proposal for the selected project. \Which
project should be bid on? How should the
proposal-preparation process be organized
and staffed? How much should be spent on
Read Sec. 2.7 & 2.8, Chapter 2 preparing proposals for bidding? Etc.

Sec. 2.7 & 2.8, Chapter 2 – Project Portfolio Process (PPP) and Project Proposals. These
sections discuss the important inputs to PPP before granting approval to the project, the
purposes it serves, and the content of project proposals.

Reading/s: Sec. 2.7 & 2.8, Chapter 2 – Project Portfolio Process (PPP) and Project Proposals, Pages 12 – 17,
Project Management, A Managerial Approach, ., 7th Edition, John Wiley & Sons, Inc., 111 River Street,
Hoboken, NJ, 2009, Meredith, Jack R., Mantel Jr., Samuel J.
 LEARNING PAMANTASAN NG LUNGSOD NG MUNTINLUPA
MODULE COLLEGE OF BUSINESS ADMINISTRATION
University Road, Poblacion, Muntinlupa City
QR/CBA/0__ Course Title: PROJECT MANAGEMENT
Issue No. 0 Revision No. 0 Effectivity Date 7 September 2020 Page No. 5 of 31

A. Guided Practice
Directions: After reading Sec. 2.7 & 2.8, Chapter 2 kindly answers the following.

1. Describe the eight-step project portfolio process.

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2. Which of the many purposes of the project portfolio process are most important to a firm
with a low project management maturity? Which to a firm with high maturity?
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3. In PPP Step 2: Identify Project Categories and Criteria, what are the four separate
categories of projects? Discuss each category.
 LEARNING PAMANTASAN NG LUNGSOD NG MUNTINLUPA
MODULE COLLEGE OF BUSINESS ADMINISTRATION
University Road, Poblacion, Muntinlupa City
QR/CBA/0__ Course Title: PROJECT MANAGEMENT
Issue No. 0 Revision No. 0 Effectivity Date 7 September 2020 Page No. 6 of 31
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4. Identify some of the ethical issues that can arise in a bid response to an Request For
Proposal (RFP)?
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5. Would you like to be a project manager? Why, or why not?

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Note: The evaluation/assessment will be posted/published in the Google Classroom.

Thank you!
Reference: Project Management, A Managerial Approach, ., 7th Edition, John Wiley &
Sons, Inc., 111 River Street, Hoboken, NJ, 2009, Meredith, Jack R., Mantel Jr., Samuel J.

CONTINUING INTEGRATIVE CLASS PROJECT

 LEARNING PAMANTASAN NG LUNGSOD NG MUNTINLUPA
MODULE COLLEGE OF BUSINESS ADMINISTRATION
University Road, Poblacion, Muntinlupa City
QR/CBA/0__ Course Title: PROJECT MANAGEMENT
Issue No. 0 Revision No. 0 Effectivity Date 7 September 2020 Page No. 7 of 31

The task for the class here is to select an appropriate project for the course. Consideration
should be given to the fixed end-of-term deadline, the limited monetary but large personnel
resources available, the irrelevance of financial returns, and the availability of contacts and
good project possibilities outside the classroom. As indicated in Chapter 1, there are often
many excellent projects on a college campus, such as in the residence halls, the library, the
cafeteria, the medical care office, and so on. When evaluating these situations for potential
projects, consider factors such as whether the class has a good inside contact to sponsor the
project, whether data will be easily accessible for the class, how many students the
organization or department can handle at a time, how extensive the project is, how clear the
problem/opportunity is, when they will need an answer, and other such important issues.