1. Engineering Economy
... the selected alternative is often considered impracticable or not worth the effort. Too often, no feed back to the decision-making process occurs. Organizational discipline is needed to ensure that post-evaluations of implemented decisions are routinely accomplished and the results used to improve future analyses of alternatives and the quality of decision making. The percentage of important decisions in an ... organization that are not post-evaluated should be small. For example, a common mistake made in the comparison of alternatives is the failure to examine adequately the impact on ...
- Word Count: 1419
- Approx Pages: 6
- Grade Level: Undergraduate