# Ch 1-3 (GST) Exam Review

What is happening to demand for project management skills?
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Terms in this set (74)
A selection method that assigns
categories and corresponding values to
measure project's worthiness of investment. It is the result of a scorecard card. Their extensive knowledge and experience allows them to decide which elements actually influence the outcome and assign a score to each element based on its value.
Is an objective technique: the project selection committee lists relevant criteria, weighs them according to their importance and their priorities, then adds the weighted values. Multiply the raw scores by the weights to get the weighted scores for each criterion on each project. Once the scoring of these projects is completed, the project with the highest score is chosen.