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...unities <ref name=Igor> Kozin. I.,(2015) ''Course 42172: Risk and decision making''</ref>. Even though risk management is not just avoiding risk or taking on ...the risk events that could occur and sometimes they have to take conscious decision to accept the risk knowing it is very slim changes of that event occurring.

... poor quality and coordination. But those are due to a short-term decision-making attitude. The cluster approach that will be explained later resolves some o ... the cluster members should accept a governance agreement for the decision making and communication.

...ttp://www.mckinsey.com/business-functions/marketing-and-sales/our-insights/making-brand-portfolios-work.</ref>, and ROCKWOOL<ref name="ROCKWOOL">Bayer, M., M |Weak decision criteria.

...ated with it can often be a huge challenge for project managers, thus, the decision to reduce the project duration should be based on an analysis of the '''tra ...d to address questions such as: <ref name=NETWORK>Chapter on Deterministic Decision Models. (n.d.). Course material in Network Optimization at DTU autumn 2015.

...ectation is impossible. The value vs complexity grid supports the decision making process of selecting the requirements to keep and the one to eliminate <ref

...ovide an extension to the RCF method in order to mitigate the limitations. Making the reader aware of the cognitive biases inherent in the RCF method, so he ...heir projects. Regarding to Flyvbjerg, they are deliberately deceiving the decision makers, since the projects that look the best on paper will be approved. <r

...st ideas come forward. The downside to this leadership style is that every decision takes time, which therefore slows down the project. ...e employees never feels unsure whether they are doing their job right, and making sure the team members can depend on each other within team, and so on.

# Thinking/feeling: The rational decision-making (way of judging) ...l pull together a potentially vast amount of interview information without making any judgements about it as they go along. Unlike a J-type, they won’t dis

...usage of the '''Johari Window''' to stress out that the effective decision-making and hence the success of the study would not have happened if the members w

*CPM identifies the most critical elements in the plan making the managers focusing on the activities that are most constraining on the s ...he complexity increases as the scope of big projects increase. The risk of making a mistake in the calculation of the critical path becomes very high. If pro

...s used mostly for reaching consensus among experts, regarding the decision making process. Moreover, as a project manager is crucial to think about the impac In the decision making process mainly three kind of information are playing a crucial role: knowle

...llows the practitioner to structure the project design and handle decision making rationally on the basis of a clear understanding of objectives, the means b ...each assumption one should decide on the course of action by following the decision process outlined in Figure 5.

...d in a project, the project manager has to start with a project plan, when making the project plan the manager will break down the structure of the project. ... have to review the results achieved, and it is here the manager makes the decision on whether to take corrective actions or replan the project<ref name=AO />.

...agers with a practical level of summarization to enable effective decision making ... price job are likely to be reluctant to disclose how much profit they are making on the job, actual cost to earned value. The profit that the contractor is

Valuation methods are critical supporting tools for any decision in Project Portfolio Management, so as to optimize the project portfolio in ...core principle is similar to the principle of financial options: holding a decision which is to be made is equivalent to have an option, which can be valued. T

... concept applicable in every project. The concept aims to improve decision-making processes by identifying, assessing and mitigating relevant uncertainties i ...isk evaluation is based on information gathered from the risk analysis and decision criteria, developed and defined during the establishment of context . Moder

... it emphasizes the scheduling aspect and alignment of critical milestones, decision points and success criteria definition. Roadmaps in this PMI-context are mo *'''Improve decision making,''' as consequences are easier to foresee;

It is clear how this problem has repercussions on a very great scale, making the company face bigger problems and losses as a result of indifference and ...n instrument for strategic planning in small and medium sized enterprises, Decision Support Systems, Volume 26, Issue 2, Pages 125-135, G. Houben, K. Lenie, K.

...he decision makers with a starting point, and argumentation for making the decision. ...ctives many different resource types this can simply not be done without a decision support tool.

...knowledge and many uncertainties are dominating. By using the so-called ”Decision Matrix” ''(DM)'', knowledge can be increased and uncertainties can be dec ...evant tool for both '''Programs, Projects and Portfolios''' since decision making, no matter the complexity, is an inevitable factor in all perspectives of a