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Last Updated: 10/25/2021
in Additional Information Relative measurement consists of pairwise comparisons of two elements with respect to some higher level element in the hierarchy. For example, a judgment can be made about the relative importance of two objectives with respect to the goal, or ...
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Last Updated: 10/25/2021
in Additional Information Not all numbers have the same meaning in terms of what operations can be legitimately performed on them. In order for operations like addition and multiplication with numbers to be mathematically meaningful, the numbers must possess certain proper...
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Last Updated: 10/25/2021
in Allocate Portfolio Management
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Project risk is one of the three types of risk that can impact the performance of projects. It is determined by the P.Failure*Benefits. The risks should be ratio scale estimates of the relative risk of the alternatives or projects. If you need t...
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Last Updated: 10/22/2021
in Additional Information Compensatory decision methodologies, such as AHP are the most effective way to prioritize alternatives. A rational decision is one that best achieves an individual's or group's objectives -- their wants. However, there are sometimes constraints, p...
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Last Updated: 10/22/2021
in Additional Information AHP (along with other multiple objective methods --discussed below) differs in a significant way from most/all other Management Science/Operations Research methods which focus on an "objective" function – singular. Taking the "best" course of actio...
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After selecting and inviting participants to a TeamTime evaluation session, you can start the meeting (which can consist of both keypad users in the same room as well as remote users from any location). This can be done in COLLECT INPUT > Team...
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After having selected participants to evaluate the project and assigning them roles to evaluate objectives and/or alternatives , you can invite the participants into TeamTime Evaluation. This can be done in COLLECT INPUT > TeamTime Evaluation >...