What Tools and Techniques Are Used in Project Evaluation?
Various tools and techniques can be used to facilitate project evaluation:
SWOT Analysis: Identifies the strengths, weaknesses, opportunities, and threats related to the project. Cost-Benefit Analysis: Compares the costs and benefits to determine the project's financial viability. Gantt Charts: Visualize the project timeline and track progress. Balanced Scorecard: Tracks performance against strategic goals using various perspectives. Key Performance Indicators (KPIs): Measure the project's success against predefined metrics.