Project Selection and PID

Running head: PROJECT SELECTION AND PID
PROJECT SELECTION AND PID
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Table of Contents
Project Selection Methods and Initiation Documents 2
References: 8

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PROJECT SELECTION AND PID
A plan which is generally termed as a project is the temporary attempt that is taken in
to consideration so as to provide the profitable outcome from the project. The aim of the
project directs to research the varying methods that are used for determining and selecting the
projects in accordance to the Uber case study. The project also aims in assessing the Process
of Initiating the Documents (PID) according to Structures of the Project Management Body
of Knowledge (PMBOK). The provided project states about the development of the new
application of the Uber and their recent attempt to recreate and develop the app for the
drivers. The particular initiative is considered to be as one of the most extensive type of
experiment in the markets of the gig economy.
Gig economy is referred to the market which is considered as free for its
characteristics in the market systems. This is considered in such a way because the in this
kind of business infrastructures the positions are temporary and the contract with the
employees or the workers limited to short–term based engagements (Velasquez & Hester,
2013). The workers are basically free and independent to move out from the organization on
a very short period. The same scenario depicts the project and the organization behaviour for
the company Uber (Kornfeld & Kara, 2013). According to the Uber case that has been guided
by the Project Management Body of Knowledge (PMBOK) states the selection of the method
from the different project selection methods and also the initiation of the documents.
The Project Selection Methods have been classified generally into two main
categories that are used or applied by the business infrastructure organizations. The methods
help the organizations to get the views in two different approaches which are the comparative
approach and the mathematical approach (Gür, Hamurcu & Eren, 2016). The decision model

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according to the Comparative approach states the Benefit Measurement methods whereas, the
mathematical approach in the decision model state the constrained optimization methods.
The project that has been selected to contrast on the management approaches of the
Uber Company for managing their new upcoming idea of recreating or developing the new
process they have initiated to release in the market which will be helpful for the drivers of the
company. It has been recorded that three million Uber drivers across the world work on their
trips or spend their time on the company’s portal application for near about 8.5 million hours.
The numbers shows the actual reason behind the success of the Uber where there are many
more company that deliver the same service (Nowak, 2013). The company’s constant
approach in creating new phases for their business keeps them ahead of other competing
companies. The Uber Application is considered directly as the workplace for the drivers that
are driving the cabs under the banner of the Uber Company (Madrigal, 2019). The decisions
on the interface of the application direct and target the region of the interaction between the
driver and the company. The new structure of the application or the new proposed plan for
the application that will help the drivers working for Uber draws the attention on the usage of
the technological based components for the new rider application which has already been
launched last year (Madrigal, 2019).
The Project selection Method that matches with the criteria and the intentions of the
Uber’s new app launch project for the riders of the Uber, states to be the Benefit
Measurement method among the two Project selection methods. The Benefit Measurement is
the type of the project selection process which defines the present assessment of the
approximate Outflow and Inflow of the cash depends on the project. The technique also
describes the Cost benefits that is calculated and is then compared and differentiated with the
other projects or the last project depending on the current scenario (Velasquez & Hester,
2013). The comparison is done so as to make the decisions on the cash outflow and the