Abstract :
This paper discusses the methodology for the measurement of subjective values via constant-sum comparisons, the development of a Hierarchical Decision Model (HDM), and the formation of expert consensus through the hierarchical decision process. Its focus is on post-program evaluation, but the methodology is equally applicable to pre-program evaluation, ongoing program evaluation, goal formation, capital expenditures, resource allocations, project selection, project performance evaluation, and many other similar decisions in a wide range of management situations.
