CAPM (Certified Associate in Project Management) Practice Exam

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What is multicriteria decision analysis?

  1. A method to provide early feedback by prototyping

  2. A technique using a decision matrix to evaluate ideas

  3. A process of comparing actual practices to best practices

  4. A process of developing a detailed description of the project

The correct answer is: A technique using a decision matrix to evaluate ideas

Multicriteria decision analysis is a technique used for evaluating and comparing multiple options based on a set of criteria or factors. It involves creating a decision matrix where different options are assessed against the criteria to help make an informed decision. This process helps prioritize and select the best solution by considering various factors simultaneously. Option B correctly defines multicriteria decision analysis as a technique involving a decision matrix to evaluate ideas.