Integrated Risk-Based and Economic-Based (IRBEB) Methodology for Selection of Project Alternatives

Author(s):  
Yuri Raydugin

Selection of a most optimal project alternative in early phases of project development is paramount for overall project success. A standard practice is to make the selection based on economic considerations that overlook risk exposure of a selected alternative. Standalone risk evaluation of alternatives cannot ensure that a most optimal alternative is selected either as economic considerations may be overlooked. Moreover, both economic-based and risk-based alternative's selection methodologies cannot guaranty that all viable alternatives have been considered. This chapter introduces integrated risk-based and economic-based (IRBEB) alternative's selection methodology that includes an algorithm to generate a comprehensive set of all viable project alternatives to choose from.

2007 ◽  
pp. 229-244 ◽  
Author(s):  
Ljubica Popovich

Since there are no two identical churches in Byzantine art, consequently there are no two identical iconographic programs. This observation also applies to the representation of prophets in the drums of the domes or in other locations in Byzantine churches. Research dealing with this group of Old Testament figures reveals many variations regarding the planned selection of prophets and choices of the texts that they carry inscribed on their scrolls. This study examines the instances when one of the authors of the prophetic books carries the text by another author. These occurrences are neither frequent nor accidental. Such deviations from standard practice that are explored in this article demonstrate the following: first of all exchanges of text can occur due to the mistake by the artist, as exemplified in the Palace Chapel in Palermo, or by the mistake of the person who inscribed the texts, as in the Chapel of Joachim and Anna in the Monastery Studenica. Secondly, in a number of monuments the text-bearer and the selection of the text by another prophet-author are not accidental. For example, if a number of quotations to be used are chosen from the book by the prophet Isaiah, and he is only represented once, because repetition of the same prophet within a group of Old Testament figures was not practiced, what is to be done? Therefore, other, usually minor, prophets, were selected to hold the scrolls inscribed with the text by other authors, for example Isaiah. Such cases are well documented in the churches of Panagia ton Chalkeon and the Holy Apostles in Thessalonike, and in the church of the Resurrection in Verroia, where the selection of prophets? quotations, usually inspired by the liturgical tradition, furthermore serves to underscore a certain idea of a theological or iconographic nature.


2014 ◽  
Vol 659 ◽  
pp. 611-616
Author(s):  
Tudor Stanciu ◽  
Jan Sjolin ◽  
Mihai Dragomir ◽  
Calin Stanciu

The objective of the paper is to present and compare the results of several international projects and to identify pedagogical and project success elements. The generic projects are few examples that had in common the several objectives: to identify the training needs; to develop an evaluation tool to transform actual and current training offered by corporate /occupational further training institutes ; to improve quality of education to meet the needs of working life. In projects, the training needs were identified involving universities, educational institutions, training and consulting companies from countries across Europe.The selection of the study cases is not random. The intent is to emphasis the consequences-by using similar approach-into distinct project methodologies: one is promoted largely by sponsors from US; the other three are according to the EU rules, regulations, and procedures.


1964 ◽  
Vol 68 (648) ◽  
pp. 819-827
Author(s):  
Charles C. Crawford

SummaryThe United States Army is now engaged in the selection of a Light Observation Helicopter (commonly referred to as the LOH) from three competing designs. It is estimated that large quantities will be procured to fulfil an operational requirement during the 1966-1975 time period. The paper describes the overall programme by examining the basic requirement and the development concept. In addition, a description of the actual hardware being developed is given and some economic considerations of the modernisation of the observation fleet are discussed.


Author(s):  
Daniel Stratton ◽  
Sara Behdad ◽  
Kemper Lewis ◽  
Sundar Krishnamurty

The motivation behind this work is to integrate economic and environmental sustainability into decision making at the early phases of design through the development of a hierarchical concept selection method. Life Cycle Assessment (LCA) is a frequently implemented technique used to assess the environmental impacts of products, but it does not provide a simple means for including preference at different levels that can be used for comparison across design alternatives. A method is proposed to accommodate this issue expanding the Hypothetical Equivalents and Inequivalents Method (HEIM) to handle multi-level and multi-attribute trade-offs. The selection of a coffee maker design is used as an example to illustrate the implementation of the method with actual LCA results. The example provides valuable insights into how preferences may be elicited at different hierarchical levels and then combined to create a single utility score that represents to what extent each design alternative is preferred by the decision maker.


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