Making Essential Choices With Scant Information: Front-end Decision Making in Major Projects

Hardcover | April 15, 2009

EditorTerry M. Williams

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This is an in-depth look at how to improve decisions on major projects at the concept stage, when there is scant information available. The book describes how to evaluate judgemental information. It looks at how scant information can actually be a strength, and can help establish a broad overall perspective.

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This is an in-depth look at how to improve decisions on major projects at the concept stage, when there is scant information available. The book describes how to evaluate judgemental information. It looks at how scant information can actually be a strength, and can help establish a broad overall perspective.

TERRY WILLIAMS is a Management Scientist at Southampton University, UK. After 9 years in engineering consultancy developing project risk management, he worked at Strathclyde University, becoming Professor and Department Head, researching the behaviour of major projects and supporting post-project claims. He is a speaker/writer on proj...

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Format:HardcoverDimensions:320 pages, 8.83 × 5.73 × 1.24 inPublished:April 15, 2009Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230205860

ISBN - 13:9780230205864

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Table of Contents

PART I: INTRODUCTION
Decisions Made on Scant Information: Overview--T.Williams
Projects, their Quality at Entry - and Challenges in the Front-end Phase--K.Samset
PART II: ALIGNING PROJECTS
Implementing Strategy through Project Management: The Importance of Managing the Project Front-end--P. Morris
Scenarios Planning--K. van der Heijden
Up-front Assessment of Needs--P.Naess
Front-end Alignment of Projects Doing the Right Project--T.Cooke-Davies
Using Soft Systems Methodology to Structure Project Definition; M.Winter
PART III: GENERATING INFORMATION
Optimism and Misrepresentation in Early Project Development--B.Flyvbjerg
Decision Behaviour Improving Expert Judgement--G.Kirkeben
Useful Heuristics--B.Scheibehenne &--B.von Helversen
Expert Judgment of Probability and Risk--G.Wright, F.Bolger, &--G.Rowe
Evaluation of Risks in Complex Problems--G.Parnell
Obtaining Distributions from Groups for Decisions under Uncertainty--R.Cooke
PART IV: ANALYSING INFORMATION
Exploratory Quantitative Analysis of Emergent Problems with Scant Information--T.Bedford
Analyzing Information: Techniques and Analyses--B.Andersen
Parametric Analysis; P.Pugh
PART V: MAKING DECISIONS
The Impact of New Information--K.Sunnevaag
The Complexity of Decision-making in Large Projects with Multiple Partners: Be Prepared to Change--R.Miller &--B.Hobbs
From Analysis to Decision Economic Assessment--K.Hagen