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56 B (7 words) - 09:35, 21 February 2019
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61 B (8 words) - 09:35, 21 February 2019
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...odel described in this article is a collaborative and transparent decision making system developed by Jim Suhr in 1999.
...outcomes, and understand all of the factors considered during the decision-making process. <ref name="Jim_Suhr"> The Choosing By Advantages Decisionmaking Sy
17 KB (2,538 words) - 11:45, 27 February 2021
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...project manager to generate solutions and narrow them down before making a decision.<ref name=BurkeBarron2014Problem/> <ref name=BurkeBarron2014Decision/>
...in the context of Burke and Barron's model of problem solving and decision making in project management. Here, the focus is on how the processes in project m
22 KB (3,422 words) - 09:55, 28 February 2021
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...o consideration and helps the decision maker to reach his/her end goals by making decisions strong enough to fit a wider range of future scenarios. Rather th
...t approach often lead to an underestimation of uncertainties as an optimal decision otherwise would be hard to find. It is the search of the optimal solution t
16 KB (2,582 words) - 17:54, 22 March 2022
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... level of uncertainty. Unlike traditional risk management tools, RDM helps decision makers choose not the optimal solution, but the solution (or set of solutio
...obust Decision-Making and Dynamic Adaptive Policy Pathways for model-based decision support under deep uncertainty,Environmental Modelling & Software, Volume 8
25 KB (3,931 words) - 21:27, 15 March 2022
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...d and what the outcome of this project turned out to be after the decision making.
'''1. Introduction to Decision Making <br />
1 KB (229 words) - 16:41, 13 February 2022
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0 B (0 words) - 16:36, 13 February 2022
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...conclusion on the involvement of MCDA analysis and methods in the decision making, focusing on engineering projects.
== History of Decision Making ==
19 KB (3,065 words) - 15:31, 18 March 2022
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...project's outcome are made. Furthermore, the world is constantly changing, making it impossible to make reliable decisions based on prediction of what the fu
... project/program/portfolio manager or decision maker using robust decision making (RDM). RDM is a set of methods and tools developed over the last decade, pr
21 KB (3,212 words) - 20:13, 22 March 2022
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...formation. This article deals with different methods to choose the optimal decision alternative under uncertainty of events that might occur and deviate from a
...nsiders the opportunity costs caused by choosing an alternative to reach a decision, and the Laplace Criterion compares the expected values of the other option
30 KB (4,449 words) - 16:56, 9 May 2023
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13 B (2 words) - 12:02, 7 April 2023
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Robust Decision Making (RDM) is a computational framework integrating Decision Analysis, Assumption-Based Planning, Scenario Analysis, and Exploratory Mod
= Conceptualising Robust Decision Making at times of Uncertainty=
37 KB (5,220 words) - 10:55, 2 May 2023
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...ive effort to receive the results. Written in another way: It is all about making decisions that are "good enough" and not "perfect". It is an oftentimes mor
...on the available information and goals instead of thriving for the optimal decision.
3 KB (396 words) - 21:37, 19 February 2023
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0 B (0 words) - 14:49, 9 May 2023
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0 B (0 words) - 21:12, 19 February 2023
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...uantified, although this factor was taken into consideration when making a decision.
...also unlikely that all the information which might be desired for decision-making is either available or accurate; the latter means an external business envi
4 KB (547 words) - 08:28, 9 April 2023
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13 B (2 words) - 12:01, 7 April 2023
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... uses a mathematic method to derive a relative importance of criteria in a decision problem.
...ce of criteria in a decision problem. The idea behind the method is that a decision problem can be represented as a hierarchical structure, with the most impor
19 KB (2,783 words) - 22:48, 4 May 2023
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...d `merger of equals´ <ref> Grässlin, Jürgen. ''Jürgen Schrempp and the Making of an Auto Dynasty''. New York: McGraw-Hill, 2000, p. 155 </ref> . Becoming
==Integration <ref> Grässlin, Jürgen.''Jürgen Schrempp and the Making of an Auto Dynasty''. New York: McGraw-Hill, 2000, p. 155 </ref> <ref> ''Da
26 KB (3,682 words) - 12:16, 20 December 2018
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...activities and projects which add value desired by the customer, the first decision before starting any project is prioritize the present portfolio. There is n
...ion of the Optimal Portfolio'']). In choosing which projects to fund, the decision maker must have some concrete objectives in mind; in this case the main obj
26 KB (4,088 words) - 12:07, 20 December 2018
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...ng an organisation's strategy. Radical change, on the other hand, involves making a significant change, such as introducing a completely new business strateg
The third and last stage addresses making the change permanent. The objective is to reinforce the new behaviours, ens
24 KB (3,559 words) - 09:39, 9 May 2023
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...r management, which can add to the confusion <ref name=seven>C. G. Cobb. ''Making Sense of Agile Project Management: Balancing Control and Agility''. John Wi
...project control, organisational culture and whether the team is capable of making decisions. It is however the project manager's job to empower the team memb
18 KB (2,884 words) - 14:18, 11 February 2021
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...roblem solving consists of continuous learning, conflict solving, decision-making styles and problem analysis (Hvenegaard 2003).
17 KB (2,606 words) - 11:58, 20 December 2018
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...ised overview of the overall project which also facilitates group-decision making, by providing a better and continuous communication between the involved st
19 KB (2,807 words) - 12:15, 20 December 2018
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The uncertainty surrounding any decision, action or unprecedented occurrence that may negatively affect a project’
Whenever an important decision is made within a project, the risk register is referred to. Whenever someth
19 KB (3,144 words) - 12:17, 20 December 2018
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...everyone knows what a risk is; it is a part of our life. Each step or each decision we make, is full of risks, whether we notice it or not, but when we look at
...Frank Knight define the risk in economic theory as “risk arises when the decision maker can assign probabilities to possible outcomes”. A well-known defini
22 KB (3,501 words) - 11:07, 20 December 2018
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... Berglund, R.L. (1993), “QFD: a critical tool for environmental decision making”, Transactions of the 1993 ASQC Quality Congress, Boston, MA, pp. 593-9.<
...chy_process analytical hierarchy process (AHP)], a multi-criteria decision-making method, into QFD. Combinations of QFD with AHP were used for assisting proj
26 KB (3,905 words) - 12:36, 20 December 2018
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...ning how to practically incorporate this thinking into ones daily decision-making process. This has also served as an inspiration to the thesis of the concre
...us on minimizing risk, which is also a key element in Embracing Failure by making the failures in the beginning of the process so the project isn’t thrown
19 KB (3,084 words) - 12:31, 20 December 2018
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...iansenAndVarnes">Christiansen & Varnes. "From models to practice: decision making at portfolio meetings." Int. J. Qual. Reliab. Manage. 25(1), 87-101 (2008)<
|Politics and negotiation affect project portfolio decision making
23 KB (3,310 words) - 12:41, 20 December 2018
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...specific decision, or that they have not had the chance to be heard in the decision process, they are not always likely to follow their leaders. Another risk i
...nvironment for the volunteers if they take an active part in the decision making concerning the project.
18 KB (2,922 words) - 11:50, 20 December 2018
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4. Suppliers cannot meet demand. The decision to use high quality good, means that changes to increase supply quantities
...low impact, but a frequent occurrence should be mitigated. This is done by making contingency plans, investing in safety equipment and other actions which ca
20 KB (3,201 words) - 11:27, 20 December 2018
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...allenge of the enterprise is that it needs to find a way to be flexible in making and implementing organizational changes and do not lose its competitive edg
...he management program <ref name="REF 12">''Program Management: A Strategic Decision Management Process, Morri, Peter; Pinto, Jeffrey K., 2007, Wiley Guide''</r
16 KB (2,434 words) - 11:10, 20 December 2018
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...’s a fundamental factor and every transportation agency has a policy for making cost estimates. That said most of these policies were developed considering
* Facilitates an effective decision or risk management process
25 KB (3,660 words) - 12:49, 20 December 2018
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*Proposition 1: The higher the level of decision process served by an incident, the richer the medium appropriated, and the
...efined by regular intensive face- to-face meetings devoted to higher level decision processes, complex messages, and relationship building.
26 KB (3,958 words) - 11:13, 20 December 2018
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*"The bottom line is that even though PPM decision making software is adapted by many companies it fail"s" to gain user acceptance."
4 KB (633 words) - 15:06, 2 December 2014
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...''' They are relatively passive stakeholders, but in case of poor decision-making, they can become to an interested party with high power and influence.
* Make a decision on the results of self-assessment
9 KB (1,384 words) - 12:11, 20 December 2018
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...ng. The stakeholder analysis is overall creating groundwork for evolving a decision and conduct strategy of managing the stakeholder. A stakeholder analyses is
...icance in relation to the project. The prioritization generates a decision making ground and a focused strategy for management the stakeholders.
17 KB (2,564 words) - 12:02, 20 December 2018
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...nt Framework'' </ref> Project Portfolio Management is defined as a dynamic decision process, which constantly updates and revises active projects. <ref>'' Coop
...t'' </ref> Resultantly, Project Portfolio Management as a dynamic decision making process includes the collection, identification, categorisation, evaluation
15 KB (2,160 words) - 11:20, 20 December 2018
