... priorities. Different industries may also assign different priorities to the same set of criteria. Even within a project evaluation team, different members can assign different priorities to the same set of criteria. This explains why project evaluation team members often come to different conclusions on the selected alternative even though they are all using the same data. Team members may have different values and sometimes different objectives. It is therefore important for the project team to realize that conflict management is an important part of project evaluation. Project evaluation analytical tools Many tools are available to assist us in project evaluation. Most of these tools are quantitative. The most widely used quantitative tools are economic analysis tools. They aim at maximization of the usage of resources (in monetary terms). Most of the literature recommends the use of quantitative analysis, as it is easy to use and understand. It provides a powerful means ...

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