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Case Study 3.2, “Project Selection at Nova Western, Inc”. on pages 103-104 of the textbook and respond to the questions for
Case Study 3.2, “Project Selection at Nova Western, Inc”. on pages 103-104 of the textbook and respond to the questions for discussion. Please make sure that each question is answered thoroughly using a minimum of 200 words for each case study question. (15 points)Q1. Phyllis has called you into her office to help her make sense of the contradictions in project evaluation. How would you explain the reasons for this divergence of opinion from one technique to the next? What are the strengths and weaknesses of each screening method?Notes: The chapter notes several strengths and weaknesses of each project screening method and these should be considered in this case. It is not uncommon for financial and non-financial screening methods to yield competing information; thus, an argument could be made that using only these two methods is insufficient and in fact, an enhanced screening model should be developed for Nova that considers these factors are part of an overall, larger model of choice.A1.Q2. Choose the project that you feel, based on the above analysis, Nova Western should select. Defend your choice.A2.Q3. What does the above case suggest to you about the use of project selection methods in organizations? How would you resolve the contradictions found in this example?
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