by Simplar | Jan 29, 2026 | Built Environment, Business of Construction, Organization Transformation, Partnering, Planning, PM, Project Delivery, Project Selection, Project Selection, Project Selection, Weekly Construction Message
Decision tree analysis is not a scientific way to make decisions but rather a visual representation of the decision-making process that goes on inside the head of decision makers. At first, a decision tree appears as a tree-like structure or graph with different nodes...
by Simplar | Jan 14, 2021 | Project Selection, Project Selection, Project Selection
Two Steps To Project Selection Risk Contractors know that they accept a certain amount of risk every time they enter into a new contract. However, they are challenged to select projects that their organization will be able to complete profitability. How much risk...