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...is an esteemed professor, currently positioned at the Danish institute for IT Program management at ITU. He is conducting research within the realms of s | Uniqueness bias || The tendency to see ones project as more singular than it actually is.

...s a project from discovery to launch in an organized and efficient manner. It involves breaking down the project into stages which are separated by gates ... is increased efficiency in new product development. The process is making it possible for companies to evaluate their project through the stages and eff

...uman''', material and symbolic/discursive elements ''as framed by those in it and the analyst'' <ref name="Clarke"/> The "human" element is everything hu Prior to delving into the methods of situational mapping, it is imperative to know and understand how the method came to be, as this est

...biases. It will be uncovered that optimism bias is important to tackle, as it can lead individuals and/or teams to unrealistic expectations, which can ha ...aches to the project and remains focused on achievable goals. Furthermore, it is important to know the difference between optimistic bias and strategic m

...ocation, and effective communication and collaboration among stakeholders. It also involves continuously monitoring and evaluating the results of innovat ...or their customers and create better profits for themselves and above all, it helps organizations create and implement new ideas to develop products and

...eficial to identify ones natural strengths and weaknesses, in order to use it to their advantage in their leadership. Leadership styles have been in constant development throughout the years and it is interesting to connect them to the sixteen personality types, defined by

...he tool, other alternative planning tools and the limitations of the tool. It is based on a project managers point of view and what that person may consi ...therefore it is important to divide the project into different activities. It is then essential for the project that these activities complement each oth

...hip is a process that can enhance the impact that leaders have on others. It is based on a flexible style of leadership in function of the person develo ...t to performing tasks and how it will react to the task handover. Based on it suggests a leader support ranging from a high support to a low support. Thi

...take a more efficient approach by taking the model to next stage combining it with other current systems. ...etitive advantage by offering a new product/service is not easy - in fact, it is estimated that about 46% of the funds, which the company invests in the

...l values. If the model is not based on an individual’s perceived values, it may lead to some confusion, as a test subject may perform actions which see ...of the expectancy-value theory can be applied on individual work, however, it is evident that group work greatly affect the three dimensions of the equat

...9), What Is An “IT War Room”?, Available at:https://www.bmc.com/blogs/it-war-room/#:~:text=Also%20known%20as%20situation%20rooms,any%20type%20of%20p ... project. The wording "war room" can at times have a negative connotation. It expresses that a project is in crisis mode and not going as planned. A war

...ws managers to quickly asses potential opportunities, costs and durations. It can also be used for projects with a high degree of uncertainty or when a l ... provides a detailed breakdown of the project cost or duration. This makes it easier to identify specific areas where costs or timelines may need to be a

...y.findit.cvt.dk/book/10.1007/978-1-4020-5018-3]</ref> From these theories, it is clear that communication is a multifaceted and dynamic process which can ...ficulties. Once the receiver has picked up the message, he tries to decode it with his knowledge. Then the receiver can send a response back to the sende

...cilitate streamlined project baselines on a program level. The model makes it possible to map out the project stage, which is usually easy in structured ...veloped version of the 5C Model by the same creators<ref name=GainPower/>. It is a framework to facilitate the design process through observation, unders

...ed light on the steps involved in using the decision tree analysis and how it can be used to guide project managers as well as others into making the bes ...ree analysis is complex, with several mathematicians and others developing it over time. However, in the industrial environment, decision making usually

...d the direction of the goals in an organization. To apply EQ in leadership it is important to constantly develop and increase the level of the key elemen ...n ability. Furthermore, all individuals are not equally skilled in EQ, and it can be very difficult to develop these skills for some people. <ref name="o

At this point, it results important to explain, according to an adapted model of ''David Case Regarding the project environment, it is most likely that groups and teams are working on the same project itself

... to highlight a few. It can be applied to almost any kind of team, meaning it can be applied specifically to project teams as well. Nowadays, numerous co ...halanx was a formation of soldiers armed with long spears and shields, and it was highly effective in battles due to the discipline and coordination of t

...lios. Moreover, how it relates to financial appraisals of projects and how it can support decision-makers in the process of doing so. For demonstration p ... period. The NPV is amongst the most frequent and sophisticated tools when it comes to assessing the profitability of projects and investments<ref name="

...specific knowledge to figure out its purpose. The model's simplicity makes it very useful for individuals or companies to identify the searched core valu ...se the canvas in different stages of the process makes it a likable model. It showcases excellent flexibility to maintain the same approach and work unhi