Measurement issues in the evaluation of projects in a project portfolio

@article{Morton2015MeasurementII,
  title={Measurement issues in the evaluation of projects in a project portfolio},
  author={Alec Morton},
  journal={European Journal of Operational Research},
  year={2015},
  volume={245},
  pages={789-796}
}
A common problem arising in many domains is how value the benefits of projects in a project portfolio. Recently, there has been some attention given to a decision analysis practice whereby analysts define a value function on some criterion by setting 0 as the value of the worst project. In particular, Clemen and Smith have argued this practice is not sound… CONTINUE READING