Project Management IMDB

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PROJECT SELECTION MODELS 1

Transcript of Project Management IMDB

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PROJECT SELECTION MODELS

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What is Project Management?

Project management is the application of knowledge, skills, tools and techniques to project activities to meet project requirements.

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A Step By Step Tutorial

This tutorial has all the necessary parts to reach a preferred decision. The 4 parts of the tutorial are:

• Brainstorming the Problem• Decide Alternatives• Select Decision Criteria• Select a Model

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1 - Brainstorming the Problem

In the first part, we use the brainstorming capability where we type our ideas about the problem.

And we decide to our decision goal that “Select a film”.

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2 – Decide Alternatives

Our alternatives are the three films from which we choose

Goal Level Level2 Alternatives

horror Paranormal

ActivitySelect a film adventure Gladiator

romantic Titanic

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3 - Select Decision Criteria

Define the decision criteria so that there is a clear understanding of the criteria used and what metrics will be used to measure the criteria.

1)Type2)IMDB Rating3)Director4) Actors/Actress

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4 – Select a Model

1 - Control List Model2 – Simple Scoring Model3 – Analytical Hierarchy Process (AHP)

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Benefits of a Model

• Reduces errors• Biases in human judgment• Controls the role of politics• Helps to organization to make value

maximizing choices

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4 – 1 – Control List ModelAlternatives Criterion High Medium Low

Paranormal Activity Type x

IMDB Rating x

Director x

Actors/Actress x

Gladiator Type x

IMDB Rating x

Director x

Actors/Actress x

Titanic Type x

IMDB Rating x

Director x

Actors/Actress x

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Control List Model Solution

Gladiator is the best alternative

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4 – 2 – Simple Scoring Model(A) (B) (A)x(B)

Alternatives Criterion Importance Weight Score Weighted Score

Paranormal Activity Type 1 1 1

IMDB Rating 3 3 9

Director 2 2 4

Actors/Actress 2 1 2

Total Score 16

Gladiator Type 1 1 1

IMDB Rating 3 3 9

Director 2 2 4

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(A) (B) (A)x(B)

Alternatives Criterion Importance Weight

Score Weighted Score

Actors/Actress 2 3 6

Total Score 20

Titanic Type 1 1 1

IMDB Rating 3 3 9

Director 2 2 4

Actors/Actress 2 2 4

Total Score 18

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Simple Scoring Model Solution

Gladiator is the best alternative

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4 – 3 - AHP

Criteria 1 2 3 4

1.Type 1 1/7 1/5 1/3

2.IMDB Rating 7 1 3 5

3.Director 5 1/3 1 3

4.Actors/Actress 3 1/5 1/3 1

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1 2 3 4 Wi

1 0,063 0,084 0,044 0,036 0,057

2 0,438 0,588 0,667 0,538 0,558

3 0,313 0,197 0,222 0,323 0,264

4 0,188 0,118 0,074 0.108 0,122

1 / (1+7+5+3)(1/7) / (1/7+1+ 1/3+1/5)

(0,063+ 0,084+ 0,044+ 0,036) / 4

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Consistency Index (CI)

CI=(λ – n) / (n-1)

λ 1=(1*0,057 + 1/7*0,558 + 1/5*0,264 + 1/3*0,122) / 0,057=4,036λ 2=4,228λ 3=4,170λ 4=4,041λ =(λ 1+ λ 2 + λ 3+ λ 4 ) / 4 = 4,119

CI = (4,119 – 4) / 3= 0,040

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Consistency Ratio (CR)

CR=CI / RI ≤ 0,1CR=0,040 / 0,90 =0,044 ≤ 0,1

N RI

1 0

2 0

3 0,58

4 0,90

5 1,12

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Pair wise Comparisons Amongst Film and Type

Paranormal Activity Gladiator Titanic

Paranormal Activity 1 1/7 1/3

Gladiator 7 1 3

Titanic 3 1/3 1

11 (1+7+3) 1,48 4,33

Paranormal Activity Gladiator Titanic S1

Paranormal Activity 0,09 0,10 0,08 0,09

Gladiator 0,64 0,68 0,69 0,67

Titanic 0,27 0,23 0,23 0,24

1/11 (0,09+ 0,10+ 0,08) /3

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Pair wise Comparisons Amongst Film and IMDB Rating

Paranormal Activity Gladiator Titanic

Paranormal Activity 1 1/5 1/3

Gladiator 5 1 3

Titanic 3 1/3 1

9 1,53 4,33

Paranormal Activity Gladiator Titanic S2

Paranormal Activity 0,11 0,13 0,08 0,11

Gladiator 0,56 0,65 0,69 0,63

Titanic 0,33 0,22 0,23 0,26

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Pair wise Comparisons Amongst Film and Director

Paranormal Activity Gladiator Titanic

Paranormal Activity 1 1/5 1/5

Gladiator 5 1 1

Titanic 5 1 1

11 2,2 2,2

Paranormal Activity Gladiator Titanic S3

Paranormal Activity 0,10 0,10 0,10 0,10

Gladiator 0,45 0,45 0,45 0,45

Titanic 0,45 0,45 0,45 0,45

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Pair wise Comparisons Amongst Film and Actors/Actress

Paranormal Activity Gladiator Titanic

Paranormal Activity 1 1/7 1/5

Gladiator 7 1 3

Titanic 5 1/3 1

13 1,48 4,2

Paranormal Activity Gladiator Titanic S4

Paranormal Activity 0,08 0,10 0,05 0,08

Gladiator 0,54 0,68 0,71 0,64

Titanic 0,38 0,23 0,24 0,28

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S1 S2 S3 S4

Paranormal Activity 0,09 0,11 0,10 0,08

Gladiator 0,67 0,63 0,45 0,64

Titanic 0,24 0,26 0,45 0,28

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Comparison the SnS1 S2 S3 S4

Paranormal Activity

0,09 0,11 0,10 0,08

Gladiator 0,67 0,63 0,45 0,64

Titanic 0,24 0,26 0,45 0,28

X

Wi

1 0,057

2 0,558

3 0,264

4 0,122

Pi

Paranormal Activity 0,10

Gladiator 0,59

Titanic 0,31

=

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AHP Solution

Gladiator is the best alternative

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Group Members

• BAŞAK YILDIZ• H.GÜLİN EDİSÜN • GÖRKEM SAĞDAŞ• YILMAZ KIRIKLI• HAKTAN ŞEN• OGÜN HAKAN AYCAN