Multi-Criteria Decision Analysis
Multi-criteria decision analysis is a technique that uses a decision matrix to provide a systematic approach for evaluating candidates or options against a set of weighted criteria to make objective selection decisions.
Explanation
Multi-criteria decision analysis (MCDA) is used during the Acquire Resources process to objectively evaluate and select team members when multiple candidates are available. Selection criteria are developed and weighted based on their importance, and each candidate is scored against these criteria. The weighted scores are totaled to identify the best-fit candidate.\n\nCommon criteria used for team resource selection include availability, cost, experience, ability (competency), knowledge, skills, attitude, and international factors such as location or language. The weighting reflects the project priorities — for example, a technically complex project might weight experience and ability more heavily, while a time-constrained project might prioritize availability.\n\nMCDA helps remove bias from resource selection decisions by making the evaluation transparent and consistent. It provides a documented rationale for selection decisions, which can be valuable if decisions are questioned later. This technique is also used in other project management processes, such as source selection in procurement.
Key Points
- •Uses a weighted scoring matrix for objective decision-making
- •Common criteria: availability, cost, experience, skills, attitude
- •Removes bias by making evaluation transparent and consistent
- •Tool and technique of the Acquire Resources process
Exam Tip
Multi-criteria decision analysis helps select the best resource objectively. It is also used in procurement for source selection. Know that criteria are weighted by importance.
Frequently Asked Questions
Related Topics
Acquire Resources
Acquire Resources is the process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work.
Source Selection Criteria
Source selection criteria are the standards and factors used to evaluate and rank seller proposals during the procurement process.
Test your knowledge
Practice scenario-based questions on this topic with detailed explanations.