PLM software selection model for project management using hierarchical decision modeling with criteria from PMBOK knowledge areas

This paper presents a methodology for product lifecycle management (plm) software selection utilizing the nine knowledge areas of the project management body of knowledge (pmbok). The methodology utilizes a five process gate approach where the plm offerings are researched, sorted, paired down, evaluated, and implemented. The primary decision model utilizes hierarchical decision modeling (hdm). Prioritizations are assigned to the pmbok knowledge areas utilizing a pair-wise comparison survey and then assessed across the different plm system offerings. The proposed decision methodology is meant to serve only as a guide to assist with selection of plm software from a project management perspective. To validate the model, several case studies are presented that apply the selection methodology to different industries: semiconductor, information technology (it), and automotive supply.