Early Project Appraisal: Making the Initial Choices

Hardcover | October 15, 2010

byKnut Samset

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Focusing on turning an initial idea into a project with a successful outcome, this book fills a gap in current literature on project management and is thoroughly grounded in the latest research in this field. It emphasizes the practical application of decision making based on qualitative and judgmental information.

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Focusing on turning an initial idea into a project with a successful outcome, this book fills a gap in current literature on project management and is thoroughly grounded in the latest research in this field. It emphasizes the practical application of decision making based on qualitative and judgmental information.

KNUT SAMSET is Professor of Project Management at the Faculty of Engineering Science and Technology, Norwegian University of Science and Technology, Norway, www.ntnu.no. He is the Founding Director of the Concept Research Programme on Front-end Management of Large Investment Projects, and Founding Director and Senior Partner of Scante...
Format:HardcoverDimensions:224 pages, 7.04 × 5.7 × 0.9 inPublished:October 15, 2010Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230273246

ISBN - 13:9780230273245

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Table of Contents

PART I: FRONT END MANAGEMENT OF PROJECTS 
Attributes of a Project 
Successful Projects
Three Perspectives on a Project
Three Main Phases in a Project
Uncertainty, Risk and Opportunities
Possibilities of Foreseeing 
Strategic Guidance and Tactical Flexibility 
The Problem of Cost 
The Problem of Utility
What is a Concept?
Project Alignment: Needs, Objectives and Effects 
Objectives and their Formulation 
Methods and Analyses in the Front End Phase 
Quality of Information 
Front-end Assessment and the Decision to Finance a Project
Three Steps in Front End Assessment: Definition, Development and Appraisal of Concept
PART II: TOOLS AND TECHNIQUES
Systems Analysis
SWOT Analysis
Strategy Analysis - Logical Framework
Rough Analysis of Uncertainty
Strategic Frames for Implementation
Top-down Probability-based Cost Estimation
Assessing Profitability
Expressions of Costs and Benefits
Probability-based Progress Analysis
Evaluating Projects
Boondoggles and White Elephants