This tutorial, part 2 of a two part series on Knowledge Based Selection, demonstrates the selection processes and capabilities of Knowledge Based Selection Methods and Tools. These tools, integrated with business decision making procedures, can arguably reduce selection risk and improve chances for success in IT projects. Given the appalling rate of IT project failures, selection can potentially help reduce risk in some 30% of cases, with an associated estimated cost of about $30B annually to industry according to some sources. In this tutorial, we illustrate a number of the procedures for rapid decision processing through the real-life selection of a PDA device. The process gave confidence to the argument to wait for the solution, while weighing risk against return.
is the mother of invention. I created the PDA KB for purely selfish reasons - I wanted a PDA after seeing how useful it was for my wife (my competition ) to have one (she is a senior manager in a leading Telecommunications company which gave it to her as a personal organizer). The trouble was that I knew nothing about them, and shopping around the web merely overloaded me with data. The net time in collecting data and building the KB was about three days, and the best fit became immediately apparent,