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| Author: | Pich, M.T. Loch, C.H. Meyer, A. de |
| Title: | On uncertainty, ambiguity, and complexity in project management |
| Journal: | Management Science
2002 : AUG, VOL. 48:8, p. 1008-1023 |
| Index terms: | Complexity Project management Uncertainty |
| Language: | eng |
| Abstract: | A model of a project as a payoff function that depends on the state of the world and the choice of a sequence of actions is developed in this article. A key concept is the adequacy of the available information about states of the world and action effects. The authors express uncertainty, ambiguity and complexity in terms of information adequacy. They identify three fundamental project management strategies: instructionism, learning and selectionism. |
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